Update
Italian Police Target 30 Suspects in €68 Million Mafia-Linked Crypto Laundering Probe
Italian investigators have moved against 30 suspects in a coordinated operation targeting a car-rental business in Pero, Italy, which was allegedly involved in a mafia-linked money laundering scheme. The operation, led by Guardia di Finanza units in Milan and Monza Brianza, involved more than 350 officers. The suspects include 16 placed under custodial arrest and 14 under house arrest. The charges include international money laundering, tax fraud, drug trafficking, and criminal association aggravated by mafia methods. The investigation uncovered a network that moved approximately €68 million abroad, with crypto exchanges and digital wallets among the routes. Authorities have begun seizing assets worth more than €21 million, including cash, bank accounts, vehicles, jewelry, and crypto assets. European arrest warrants were executed in Spain, and further actions were taken in Switzerland. The case is linked to the 'Ndrangheta, the Camorra, and the so-called Fourth Mafia, with alleged support from Chinese and Albanian criminals. A court driver has been implicated in handling seized assets, highlighting the risk of heightened regulatory pressure as a result of the findings.