afp – DIGIT INFO

Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform

DIGIT — Mon, 07 Oct 2024 00:46:22 +0000

The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the arrest of its alleged mastermind. Through digital forensics, authorities cracked the suspect’s crypto accounts. With previous operations yielding millions in seized assets, the ongoing investigation […]

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Australian feds ‘deciphered’ seed phrase to access suspect’s crypto

DIGIT — Wed, 02 Oct 2024 06:00:22 +0000

The Australian Federal Police said an analyst cracked the seed phrase to a crypto account belonging to the accused owner of an organized crime messaging app.

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Fake ID crypto exchange sign-ups attract 2-year prison sentence

DIGIT — Fri, 21 Jun 2024 07:41:48 +0000

Australian authorities sentenced a man who had used other people’s identities to open accounts on crypto exchanges.

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Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining

DIGIT — Tue, 18 Apr 2023 13:04:56 +0000

While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and academic papers this year, AI consumes significant electricity and leverages copious amounts of water to cool data centers. […]

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Criminal use of crypto an ‘emerging threat’ — Australian police

DIGIT — Mon, 24 Oct 2022 23:00:00 +0000

Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.

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FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

DIGIT — Sun, 16 Oct 2022 15:30:07 +0000

While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]

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Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist

DIGIT — Thu, 22 Sep 2022 05:58:47 +0000

There’s a hole to be filled where Tornado Cash once was, and “junior mixers” are vying for position in the wake of the mixers sanction and ban by the U.S. Treasury.

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Australian Police Confiscate Cryptocurrency Worth $1 Million With Help From FBI

DIGIT — Sat, 30 Oct 2021 03:30:03 +0000

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) […]

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Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens

DIGIT — Wed, 08 Jan 2020 04:30:42 +0000

Lebanese citizens have been dealing with economic hardship, as the country’s central bank imposed customer withdrawal limits last October. The problems have continued over the last two months, as ATMs have stopped dispensing cash and bank branches close doors in fear of angry clients. Regional reports disclose Lebanese bank customers often wait for hours in […]

The post Bank Closures and Withdrawal Restrictions Anger Lebanese Citizens appeared first on Bitcoin News.

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Two Australian Crypto Exchange Licenses Suspended Following Arrest

DIGIT — Sat, 09 Mar 2019 19:22:33 +0000

Two Australian cryptocurrency exchanges have been suspended by the Australian Transaction Reports and Analysis Centre (Austrac) following raids conducted by the Australian Federal Police in Melbourne. The raids resulted in the arrest of a 27-year-old who has been described as a “key member” of both exchanges. Also Read: P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela […]

The post Two Australian Crypto Exchange Licenses Suspended Following Arrest appeared first on Bitcoin News.

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