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Get Fast News Updates – Stay Ahead with USA Blogger > Blog > Politics > Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack
Politics

Australian feds seize mansion, Bitcoin allegedly linked to crypto exchange hack

Sarah Johnson
Sarah Johnson
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An Australian man of the state of Queensland has forced Bitcoin, a mansion in front of the sea and a Mercedes-Benz car after the Australian Federal Police said that the assets could be linked to the criminals themselves.

The Criminal Assets Confiscation Task Group led by AFP (Cact) said in a May 18 statement that he announced almost 25 Bitcoin (BTC), along with the mansion and the car, which are worth a total of 4.5 million Australian dollars).

The AFP said his investigation begged in September 2018 after the police in Luxembourg shared information on suspicious Bitcoin transactions that the agency said they were connected to the man of Queensland, who was prevailed to hack a US games company.

Australia, crimes
A mansion in front of the sea in Queensland was confiscated under the accusation that it is linked to the theft of 950 bitcoin. Fountain: Australian Federal Police

The AFP said that his investigation also linked man with the 950 Bitcoin SEFT stolen from a French cryptographic exchange in 2013.

There were no criminal charges on Bitcoin’s theft; However, the AFP oblines a court order of property ownership, the car and the bitcoin in April under the statement that they could not be linked to “identifiable legitimate profits.”

AFP uses “unique powers” to take advantage of assets

7News local media reported that the owner of confiscated assets is Shane Stephen Duffy, who declared himself guilty of computer fraud and piracy in 2016 for selling the personal data of League of Legends players.

A cyber attack in Riot Games of League of Legends developers in 2011 he saw computer pirates to obtain the details of more than 5 million users; Duffy was not accused of being involved in the Hack, and prosecutors said he received a copy of the online data and sold it for profit.

Duffy was also accused of hacking the X account of the president of Riot Games, Marc Merrill, to advertise his data sales business, which is sacrificed to sell access to the accounts of other league players or legends.

Related: The Australians lost $ 122 million to cryptography scams in the last 12 months: AFP

The commander of the AFP, Jason Kennedy, said in a statement that the agency has “unique powers” under the crime law of the Crime Law so that the assets of “restricting and futifit” suspects are coming from crime, including cyber crime.

Australia, crimes
Fountain: Australian Federal Police

“The profits derived from criminal activities are also used or used to finance more criminal acts, so the AFP works in close collaboration with our partners in the cact to aim at crimes defendants and ensure that they reinvote themselves in the community,” he said.

The proeds of the sale of the assets will be sent to a special purpose fund that supports the prevention of crime and the measures related to the application of the law, said the AFP.

Since July 2019, the Cact has used its power to restrict more than $ 1.2 billion in assets, including houses, cars, yachts, cryptography and beautiful arts.

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