Italian authorities arrested 30 individuals suspected of operating a mafia-linked underground banking network that laundered approximately €68 million through cryptocurrency, according to Milan prosecutors. The cross-border operation extended into Spain and Switzerland, with funds moved via bank accounts, crypto exchanges, and digital wallets. The network was allegedly based at a car rental business in Pero, near Milan, and connected to the 'Ndrangheta and Camorra mafia organizations. Investigators found the group issued false service invoices through shell companies—totaling over €110 million—to help businesses evade taxes and generate cash. Some proceeds were reportedly used to finance imprisoned mafia members, while others originated from online crypto investment scams.