Bitcoin ATM Firm 'Auscoin' a Front for International Drug Smuggling Ring: Australian Police

Bitcoin, Bitcoin ATM, Auscoin

By CCN.com: As bitcoin entrepreneurs who founded the fast-growing Auscoin Bitcoin ATM business in Australia, there was nothing suspicious about Steen McBeth and Sam Karagiozis leading a flashy lifestyle including driving Lamborghinis and BMW motorcycles. Australian police, however, now allege that the duo’s cryptocurrency business was just a front for an international drug-dealing operation. The...

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