# Italy Arrests 30 in Crypto Money Laundering Probe

> Italian authorities arrest 30 people in €68 million crypto money laundering probe.
- Title: Italy Arrests 30 in Crypto Money Laundering Probe · TokenPost
- Summary: Italian authorities arrest 30 people in €68 million crypto money laundering probe. Italian police arrested 30 individuals in a cross-border investigation of…
- Keywords: italy, crypto, money laundering, mafia, police, arrests, laundering, €68 million, shell companies, cryptocurrency, finance, Money
- Source: TokenPost — https://tokenpost.com/news/regulation/37092
- Published: 2026-10-21T22:13:12+00:00
- Read time: 1 min
- Topics: italy, crypto, money laundering, mafia, police, arrests, eu, laundering, €68 million, shell companies, cryptocurrency, finance
## Italian authorities
Italian authorities moved to arrest 30 people Wednesday in a cross-border investigation of an alleged mafia-linked underground bank that transferred about €68 million overseas and laundered illicit funds through cryptocurrency.
## Operation extended to Spain
The operation extended to Spain, where police were executing European arrest warrants. Swiss authorities were seeking to detain another suspect.
## Alleged money laundering scheme
Investigators identified more than €110 million in invoices for services that were allegedly never provided.
## Key takeaway

Italian police arrested 30 individuals in a cross-border investigation of an alleged mafia-linked crypto money laundering scheme involving €68 million in illicit funds.