According to a report by Cryptopolitan, the Australian Federal Police (AFRP) have dismantled a cryptocurrency wallet containing $6.4 million, believed to be proceeds of crime from an organized crime syndicate. This operation is part of a broader crackdown on encrypted communication networks believed to be used by criminal corporations. AFRP revealed that they deciphered the seed phrase of the criminal wallet and seized a total of $6.4 million. In addition, police arrested 32-year-old Sydney resident Jay Je Yoon Jung, who is accused of developing the highly encrypted communication platform Ghost. Police stated that the platform was specifically designed for criminal organizations.
Australian police have cracked the seed phrase of a $6.4 million cryptocurrency wallet.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content
