The Australian Federal Police have dismantled a major money laundering network, seizing $123 million in assets during raids in Brisbane and the Gold Coast. Conducted from June 5 to 6, the operation targeted a scheme that allegedly converted $190 million in cash into cryptocurrencies via an armored cash transport company. Authorities suspect the company of obscuring the origins of funds through crypto transactions, antique car deals, and shell companies. Four individuals have been charged, including a Brisbane man accused of laundering $9.5 million. The police confiscated $170,000 in crypto assets, 17 properties, crypto wallets, and business records linked to the operation. The investigation remains ongoing as authorities continue to unravel the network's full extent.