The Australian Federal Police (AFP)-led Criminal Asset Forfeiture Task Force (CACT) has seized $9.3 million worth of cryptocurrency as part of a wide-ranging investigation targeting the criminal mastermind behind the encrypted communications platform Ghost.
- A 32-year-old man from Narwee was arrested on September 17 and charged with a range of offences, including supporting a criminal organisation.
- A CACT analyst was able to seize the assets by deciphering the seed phrase of the suspect’s crypto account.
- Operation Kraken saw 46 arrests, 93 search warrants and the seizure of 200kg of drugs.
The AFP’s technical capabilities play a key role in the fight against organised crime. 🚔💼