Odaily Planet Daily News The Australian Federal Police (AFP) said on Tuesday that it had seized $6.4 million worth of cryptocurrency as part of an investigation into the masterminds behind Ghost, an encrypted communication application used by organized crime groups. The 32-year-old suspect, Jay Je Yoon Jung, from New South Wales, was arrested in "Operation Kraken" on September 17 and now faces multiple charges, including supporting a criminal organization. Authorities will transfer the confiscated funds to secure storage. These assets will be restricted under the Federal Proceeds of Crime Act 2002. The Act aims to disrupt criminal networks by confiscating illegal property. (Decrypt)