Australian Feds Smash Crypto Boss’s Mansion, Bitcoin Assets Seized! 🍿

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So, get this—an Aussie guy from Queensland, right? He loses his Bitcoin, waterfront mansion, and a fancy Mercedes—all because, apparently, the feds think he got it all in an unlawful way. Shocking! Who would’ve guessed crypto could be so suspicious? 🤨

The AFP-led Criminal Assets Confiscation Taskforce (sounds like a superhero squad, no?) announced on May 18 they took away nearly 25 Bitcoin—think about that—plus his fancy house and car. Total value? A cool 4.5 million Australian dollars. Nice haul, huh? Or so they say. 💸

It all started back in September 2018—because law enforcement in Luxembourg sniffed out some shady Bitcoin transactions. Turns out, our buddy here had previously hacked a US gaming company—because who doesn’t love a good hacker story? 🎮🔓

But wait, there’s more! The AFP also linked him to stealing 950 Bitcoin from a French crypto exchange… in 2013. Yeah, because stealing that much crypto was just a casual hobby, apparently. No charges on that one, just a court order to seize his assets. Cash is king, even if it’s stolen, right? 🏦

AFP pulls out the “special powers” — like a magic trick! 👀

Apparently, they’ve got some “unique powers” under the Proceeds of Crime Act. Sounds very fancy, but basically, they can grab your stuff if they think it’s illicit. Like this guy, Shane Duffy—who previously plead guilty to hacking and selling gamer data. Hacking kids’ accounts and selling data—talk about a tech entrepreneur! 💻💰

He even hacked the Riot Games president’s Twitter account just for kicks. The dude’s resume reads like a hacker’s “who’s who.” And the AFP says they’re working to make sure crime profits don’t fund more crime. Because, obviously, no one wants a never-ending cycle of digital villainy. 😆

The seized cash and assets are going into a “special fund” to fight crime—because, sure, let’s put those stolen Bitcoins to good use, right? Just another day in the life of law enforcement heroism, am I right? Since July 2019, they’ve confiscated assets worth over $1.2 billion—houses, yachts, crypto, you name it. It’s like Monopoly but real life. 🎲

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2025-05-19 05:54