Australian police seized assets related to a hacking case, including 25 BTC and a seaside mansion

2025-05-19 02:54

Odaily Planet Daily News: On May 18th, the Australian Federal Police (AFP) announced the seizure of 25 bitcoins (currently worth approximately $2.62 million), a seaside mansion, and a Mercedes Benz car held by a Queensland man, with a total value of AUD 4.5 million (approximately $2.88 million). According to the investigation, these assets may be involved in the theft of 950 bitcoins from a French exchange in 2013. The suspect Shane Stephen Duffy admitted to hacking crimes in 2016, involving the sale of League of Legends player data. AFP exercises special powers under the Criminal Gains Act to obtain the aforementioned assets through a court confiscation order without criminal charges being filed. Data shows that AFP has frozen over $1.2 billion in suspected criminal assets since 2019. (Cointelegraph)

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