FBI And Australian Police Investigation Leads To Forfeiture Of Over $1.2M In ...
The Australian Federal Police (AFP) has uncovered cryptocurrency and cash worth more than $1.66 million during an investigation. Following information received from the FBI, the AFP arrested a hacker who sold stolen Netflix and Spotify subscriptions. Subsequently, the Supreme Court of New South Wales ordered the convicted hacker to forfeit the currencies to the Commonwealth. […]
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The Australian Federal Police (AFP) has confirmed that the Supreme Court of New South Wales has ordered the forfeiture of cryptocurrency belonging to a convicted hacker. “The amount of cryptocurrency forfeited, more than $1.2 million, is the largest Commonwealth forfeiture of cryptocurrency,” the AFP said. ‘Largest Commonwealth Forfeiture of Cryptocurrency’ The Australian Federal Police (AFP) announced Friday that a convicted hacker “has been ordered to forfeit more than $1.66 million [Australian dollars] in cryptocurrency and cash to the....
The Electronic Recovery and Access to Data machine (ERAD), is a piece of new civil asset forfeiture technology that allows law enforcement to seize money directly from banks accounts by swiping a suspect’s debit or credit cards. This new addition to the cops’ arsenal of notorious civil asset forfeiture weapons has only strengthened the case for using....
Police in Australia have raided the home of Craig Wright, the tech entrepreneur who reports suggest may be one of two individuals behind the creation of bitcoin's protocol. The Guardian reported that police entered Wright's home on Wednesday afternoon, hours after the release of two articles, one by Wired and another by Gizmodo, that published information linking the 44-year-old to the digital currency's anonymous creator Satoshi Nakamoto. The news outlet indicated 10 police officers visited the house at 1:30pm local time, and that these agents were seen searching cupboards and areas of....
A recent series of busts has shaken the world of dark net weapons commerce. A six-month joint investigation between law enforcement in Australia and the United States, which involved law enforcement going undercover as weapons dealers, has resulted in 17 arrests internationally. In September 2014, the US Homeland Security Investigations (HSI) identified a 33-year-old US-based dark net seller of weapons to a "worldwide client base," according to a press release from the Australian Federal Police (AFP). The arrest came as the result of the Australian Customs and Border Protection Service....
The Tokyo Metropolitan Police Department has launched an official investigation into possible illicit activity surrounding the closure of Japan-based bitcoin exchange Mt. Gox. The news comes roughly five months after the bitcoin exchange reported it lost roughly744,400 BTC - then about $350m in customer funds, and about one month since Mt. Gox was approved for its Chapter 15 bankruptcy in the US. A spokesperson for the police department told The Wall Street Journal: "We decided to launch an investigation as we concluded this case could be connected to criminal activity." Tokyo police told....