Australian Police Unlock $6M Crypto Wallet Through Seed Phrase Analysis
Australian Federal Police Commissioner Krissy Barrett disclosed a breakthrough in cryptocurrency forensics during her National Press Club address. A data scientist within the AFP's Criminal Assets Confiscation Taskforce successfully accessed a $6 million digital wallet by identifying fabricated digits in a seed phrase sequence—a task that had eluded automated systems.
The recovered funds, linked to alleged organized crime profits, would have remained inaccessible without human intervention. "We knew if we couldn't open the crypto wallet, the offender would leave prison a multi-millionaire," Barrett stated, emphasizing the stakes of the operation. The same analyst later cracked another wallet using different methods, recovering an additional $1.9 million.
