The currency remitter in police crosshairs for allegedly facilitating one of Australia’s largest money laundering rings held much of its customers’ funds in a secured crypto wallet that administrators are trying to break open.

Chang Jiang Financial operated a handful of storefronts across the country, but last October the Australian Federal Police arrested and charged seven people claiming that they had helped launder $229 million since 2020. The company, police allege, was secretly run by the Long River crime syndicate.