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$148 million seized in global crackdown on organised crime

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$148 million seized in global crackdown on organised crime

Australian Federal Police and the FBI have smashed an industrial-scale drug trafficking ring in what’s being described as the plot of the century.

The audacious police sting targeted an encrypted communications app that was being secretly monitored by police, leading to hundreds of arrests of organised crime figures in 18 countries.

Mafia figures, bikies, South American drug cartels, Asian triads and Middle Eastern and European crime syndicates are alleged to be caught up in the sting.

Police said they uncovered 21 murder plots and seized more than 3,000 kilograms of drugs and $35 million in cash.

Over 800 suspected members of organised crime gangs were arrested and $148 million in cash seized in raids around the world. Tons of drugs were also seized, officials confirmed.

Police say they were using the trojan horse app ANOM that was operated by the FBI and secretly monitored by the Australian Federal Police.

The app was used by organised crime gangs around the world to plan executions, mass drug importations and money laundering.

Prime Minister Scott Morrison says the mass raids and arrests struck a heavy blow against organised crime.

The plan is said to have been hatched by an AFP tech guru in 2018, with the AFP planting pre-loaded mobile phones into the hands of criminals.

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Investigators intercepted 25 million messages sent on the ANOM, viewing the communications in real time.

300 search warrants were carried out across Australia on Monday night, with simultaneous stings in the US and Europe, according to reports from the ABC.

Police say they have exposed the secret relationships between bikies and syndicates who were thought to be enemies.

“This is a watershed moment in Australian law enforcement history”

SYDNEY:The Prime Minister was joined by Minister for Home Affairs Karen Andrews, AFP Commissioner Reece Kershaw and FBI Legal Attaché US Embassy Anthony Russo to speak on ‘Operation Ironside’, a three-year sting involving the FBI, organised crime and an encrypted app.

PRIME MINISTER SCOTT MORRISON

Prime Minister Scott Morrison said the operation had “struck a heavy blow against organised crime. Not just in this country, but one that will echo around organised crime around the world”.

“We have never taken our eye a day from the threats presented in this country”

Morrison has reiterated calls for stronger border security and anti-encryption laws off the back of Operation “Ironside.”

“The most significant policing operation in Australian history”

Home Affairs Minister Karen Andrews called Operation Ironside “the most significant policing operation in Australian history”.

Home Affairs Minister Karen Andrews

Worldwide, 9000 law enforcement officials were involved in the operation, with over 4500 of those officials being Australian Federal Police.

Commissioner Kershaw said federal agents had been in the “back pockets” of criminals through the encryption app. 

Commissioner Kershaw said federal agents have arrested some “of the most dangerous criminals in Australia”

Commissioner Kershaw on the criminal arrests.

Commissioner Kershaw said criminal gangs are targeting Australia because “it’s one of the most profitable countries in the world to sell drugs.”

Commissioner Kershaw confirmed criminal “kingmakers” have been arrested and AFP have prevented mass shootings.

The plan that began over beers

“Some of the best ideas come over a couple of beers,” AFP Commissioner Reece Kershaw said in his address to media on Tuesday.

“The FBI had the lead on this. We provided the technical capability to decrypt those messages,”

AFP Commissioner Kershaw.

The FBI’s representative Anthony Russo says he’s proud to represent the US and stand with his Australian colleagues.

Legal Attaché US Embassy Anthony Russo

“In today’s world, crime continues to transverse international borders. The threats we face are too diverse and too complex for any one organisation to tackle alone,”

Russo said.

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Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

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Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.


The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

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Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.


Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews


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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

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Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.


Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews


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