Italy's financial police, the Guardia di Finanza, announced on October 21 an operation against a network that allegedly processed more than €110 million, about $128 million, in fake invoices over roughly three years, Bitcoin.com News reported. About €68 million, roughly $79 million, was allegedly sent abroad, some of it by routing money through European banks to crypto exchanges and wallets the network controlled, with part of it moving as the USDT stablecoin. Couriers then returned cash to customers after taking commissions of 2% to 5%. Investigators say they also traced proceeds from drug trafficking and crypto investment scams. More than 350 officers took part, 30 suspects were placed under court-ordered restrictions, 16 in detention and 14 under house arrest, the action reached into Spain and Switzerland, and about €21 million, roughly $24 million, in assets was seized. Prosecutors link the network to the 'Ndrangheta, the Camorra and the Foggia mafia, working with Chinese and Albanian associates, and allege that its headquarters was a car rental business in Pero, near Milan. A financial police inspector also faces corruption allegations over a €3,000 payment. None of the accusations have been tested at trial, and the investigation is ongoing.