๐๐๐๐๐ฟ๐ฎ๐น๐ถ๐ฎ๐ป ๐๐ฎ๐ฐ๐ธ๐ฒ๐ฟ ๐๐ผ๐๐ฒ๐ ๐ ๐ฎ๐ป๐๐ถ๐ผ๐ป, ๐ ๐ฒ๐ฟ๐ฐ๐ฒ๐ฑ๐ฒ๐, ๐ฎ๐ป๐ฑ ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐๐ผ๐ฟ๐๐ต $๐ฎ.๐ด๐
โ Australian police seize $2.88M in assets linked to 2013 crypto theft
Federal agents in Australia have confiscated nearly 25 Bitcoin, a waterfront mansion, and a Mercedes-Benz, claiming they were bought using illegal money tied to a crypto exchange hack from 2013.
โ 2018 tip-off led to 2025 asset seizure
The case started in 2018, when Australian intelligence received a warning from Luxembourg about suspicious Bitcoin activity. The suspect, Shane Stephen Duffy, had previously been convicted for hacking and selling stolen gaming data.
โ Duffy linked to old Bitcoin theft & Riot Games hack
Authorities tied Duffy to a theft of 950 BTC from a French exchange in 2013. Although no charges were filed for that, his assets were seized after a court ruled they didnโt match any legal income.
โ Hacker had a shady history in gaming scene
Duffy was also found guilty in 2016 for selling stolen League of Legends accounts and hacking the X (Twitter) account of Riot Gamesโ president to promote his service.
โ Assets now go to public safety programs
The seized mansion, car, and Bitcoinโworth $4.5M AUDโwill be sold, with the money used to fund law enforcement and anti-crime projects in Australia.
โก๏ธ Takeaway:
The case shows how authorities are cracking down on old crypto crimesโeven years laterโby targeting luxury assets bought with suspicious funds.