Australian police have arrested seven people connected to a Chinese syndicate-controlled remittance company accused of laundering $144 million in fiat and cryptocurrency. The operation, called Avarus-Nightwolf, involved over 300 police officials carrying out 20 search warrants and seizing $32 million in property, luxury vehicles, and high-end goods. The Changjiang Currency Exchange, which moved over $6.3 billion in the past three financial years, is said to have been secretly operated by the Long River syndicate and linked to scams, trafficking of illegal goods, and violent crimes. The investigation was complex as the alleged syndicate was operating in plain sight with shopfronts across the country. The seven charged individuals are expected to appear in court on Thursday.