Millionaire cryptocurrency trader charged with drug trafficking

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Sam Karagiozis, 27, was arrested and charged by Australian Federal Police on Thursday for allegedly trading 30 kilograms of drugs, including cocaine, MDMA, methamphetamine, and ketamine. He has been charged with 14 offences relating to drug trafficking, importation, and possession. AFP and AUSTRAC raided Karagiozis’s properties in Bulleen, Templestowe and Malvern where they found steroids, cash, as well as cryptocurrency items. Karagiozis appeared before the Melbourne Magistrates Court on Thursday, 7 March where he was refused bail.

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