The Australian Federal Police arrested a 27-year bitcoin exchange operator for running a drug distribution ring. The investigation dates back to 2017 when the AFP had arrested two Victorian men for importing drugs to Australia. The agency reportedly continued their probe, which led them to reveal an email-based drug trafficking organization operating out of Australian suburbs Bulleen, Templestowe Lower, and Malvern. The AFP raided these premises and seized steroids, money and what it called “cryptocurrency-related items.” Following the arrest, the AFC charged the accused drug trafficker for importing, trafficking and possessing 66 pounds of banned drugs, including MDMA, methamphetamine, cocaine,

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