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Comment by ryandrake | Hacker News Reader

> There they found “cocaine, computers, mobile phones, a diamond ring, $70,000 cash and $350,000 worth of cryptocurrency“.

Yet the headline and article largely ignore the other stuff found in the guy’s home and for some reason focus on the cryptocurrency. I guess it draws more eyeballs than “cops find a bunch of valuable stuff in drug raid.”

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“cocaine, computers, mobile phones, a diamond ring, $70,000 cash"

From this description, it sounds like the person works for a Big 4 bank.

Funny you should say that - the itnews article finishes with:

NSW Police said that a second search warrant was also executed "at a financial institution in the city and documents were seized", though no further details were provided.

Well, have you seen the submission domain?

> ZyCrypto is a Cryptocurrency news Breaking and Information Website Focusing On Daily News, Coins Analysis, Reviews and so much more.

I am sure other news sources would have reported this differently.

Update: itnews.com.au actually also highlighted cryptocurrency, but they also mentioned that arrest was made with a help of "state crime command’s cybercrime squad". I'd think that that cybercrime squad wanted to show off something only they can do.

Are people even bothered by the news that someone had drugs? It is not like the 90s, everyone has moved on and accepted that some people do drugs. Those raids only piss people off about how their tax money is being wasted. People get burglarized and police say there is no time to investigate and then you read that after months of operation police raided a home and found some weed. This is just not on.

This isn't a possession case, though - the charges are all about importing and supplying commercial quantities.

It makes no difference. They won't break the supply by raiding someone. Immediately someone else will take over.

Then start supporting political candidates who champion civil liberties because the two major parties are both responsible for letting this outcome become reality.

I'm not a fan of crypto$, but it is out of the control of the State. I can imagine a campaign to delegitimize crypto$ by raw association with the underworld.

Crypto seems to be doing a fine job of that on it's own, by ACTUAL association with the underworld/fruadsters/exit scammers.

and investment banks, but to be fair they are probably also included in the groups you mentioned.

This is basically an "I don't know why anybody's surprised" reply. The point is popularizing the connection, not establishing it, which as you point out already exists.

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