{"id":138369,"date":"2024-10-02T17:30:23","date_gmt":"2024-10-02T14:30:23","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138369"},"modified":"2024-10-02T12:46:45","modified_gmt":"2024-10-02T09:46:45","slug":"australian-police-seize-6-4-million-in-crypto-in-major-operation","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/australian-police-seize-6-4-million-in-crypto-in-major-operation\/","title":{"rendered":"Australian Police Seize $6.4 Million in Crypto in Major Operation"},"content":{"rendered":"<p>Accused of running a network via the encrypted app Ghost, Jung faces five charges, including aiding a criminal organization, with a potential sentence of up to 26 years.<\/p>\n<p>His <strong><a href=\"https:\/\/www.afp.gov.au\/news-centre\/media-release\/operation-kraken-afp-restrains-93-million-crypto-linked-alleged-head\" rel=\"nofollow\">arrest<\/a><\/strong> followed a breakthrough by a Criminal Assets Confiscation Taskforce analyst who accessed seed phrases from wallets on Jung\u2019s devices. The seized funds, secured under the Commonwealth Proceeds of Crime Act 2002, will support law enforcement initiatives.<\/p>\n<p>This is the second major operation against Jung and his associates, following a previous seizure of $1.4 million in August. Operation Kraken has led to 46 arrests, 93 search warrants, and the confiscation of illegal firearms and cash, while preventing over 200 kilograms of drugs from entering Australia.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-138246\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>AFP acting Commander Scott Raven reiterated that the police will track down and seize any hidden assets, highlighting the ongoing threat of cybercrime, with reported attacks in the crypto sector reaching $2.1 billion in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian Federal Police (AFP) have seized $6.4 million in cryptocurrency linked to an international crime syndicate during Operation Kraken, resulting in the arrest of Jay Je Yoon Jung.<\/p>\n","protected":false},"author":3,"featured_media":27556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[424,375],"coin_category":[],"class_list":["post-138369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime","tag-crypto","tag-kraken"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australian Police Seize $6.4 Million in Crypto in Major Operation<\/title>\n<meta name=\"description\" content=\"The Australian Federal Police 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