AFP Claws Back $4.5M from 2013 Crypto Heist—Proving Even Thieves Get Rekt by Bear Markets
Twelve years after the digital vault was cracked, Australian authorities just made crypto crime pay—for the taxpayers. The federal police seized luxury cars and property linked to a 2013 Bitcoin theft, finally converting ill-gotten gains into fiat like some kind of involuntary HODLer liquidation.
Forensics traced the assets through blockchain breadcrumbs—because nothing stays anonymous when Lambos and waterfront homes are involved. The recovered stash? Now worth less than the original BTC haul after a decade of inflation. Talk about a bad trade.
Another reminder that crypto’s ’unrecoverable’ hacks always leave trails—usually leading straight to ego-driven purchases. The only thing decentralized about crime? The regret.