Over $4.5m in crypto seized from Qld hacker | Information Age
The Queensland house seized by police as a suspected proceed of crime. Photo: AFP
More than $4.2m in Bitcoin, a beachside mansion, and a luxury car and are among the assets forfeited from a Queensland man after police identified the goods as suspected proceeds of crime.
Authorities started investigating 32-year-old Shane Duffy in 2018 after the Australian Transaction Reports and Analysis Centre was tipped off to “suspicious Bitcoin transactions” linked to a “Queensland man previously convicted of hacking” in the US.
Led by the Australian Federal Police’s (AFP) Criminal Assets Confiscation Taskforce (CACT), the investigation identified suspected links between Duffy and the theft of 950 Bitcoin from a French…