AFP Decodes Seed Phrase, Seizes $9.3M in Crypto from Ghost Mastermind
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Criminal Asset Seizure: The Australian Federal Police's Criminal Assets Confiscation Taskforce seized $9.3 million in cryptocurrency linked to a criminal investigation involving the encrypted communication platform Ghost, resulting in the arrest of a 32-year-old suspect.
Operation Kraken Achievements: Operation Kraken has led to 46 arrests, 93 search warrants, and the confiscation of significant illicit assets, including 200kg of drugs and over $2.37 million in cash, showcasing the task force's effectiveness in combating organized crime.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
