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Australian Police Uncover $6M Crypto Stash Through Seed Phrase Manipulation

Australian Police Uncover $6M Crypto Stash Through Seed Phrase Manipulation

Published:
2025-10-30 16:06:02
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BTCCSquare news:

Australian authorities have seized $6 million in cryptocurrency after a forensic breakthrough exposed a manipulated recovery phrase. The Australian Federal Police's Criminal Assets Confiscation Taskforce traced the funds to an alleged criminal who reportedly profited from selling tech equipment to international crime networks.

The pivotal moment came when an AFP data scientist recognized the suspect had intentionally altered the seed phrase by adding extraneous numbers. "It was a moment of scientific epiphany," said AFP Commissioner Krissy Barrett during her National Press Club address. The discovery unlocked a digital wallet containing millions in illicit proceeds.

Investigators initially discovered encrypted notes on the suspect's mobile device during a home search. The alphanumeric sequences—initially indecipherable—were eventually identified as a tampered crypto wallet key. This marks one of Australia's most significant crypto seizures tied to forensic cryptography work.

|Square

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