“Good work by the AFP has seen a criminal stripped of their ill-gotten gains, and this money redirected to enhancing the safety and security of communities right around Australia,” Home Affairs Minister Karen Andrews said.
“I will continue to fund projects and initiatives that make it harder for criminals to prey on Australians, by using proceeds of crime that are seized from criminals themselves.”
AFP Assistant Commissioner Justine Gough said many criminals wrongly believed law enforcement could not confiscate cryptocurrency.
“The AFP-led CACT will relentlessly go after criminally obtained assets in whatever form they are found – whether its cash, bank accounts, homes, luxury cars or cryptocurrency,” she said.
The investigation into the bootlegging began after a tip-off from the US Federal Bureau of Investigation about account generator website WickedGen.com. Another three sites – HyperGen Autoflix and AccountBot – were subsequently discovered.
A process of “credential stuffing” was used to conduct large, automated tests of the stolen login details to check if they were current.
People can protect their accounts from breaches by using long and difficult to guess passwords and employing different passwords across accounts. Password manager software can help. People can check if their data has been compromised using websites like Have I Been Pwned?
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Federal police confiscate largest ever haul of ill-gotten cryptocurrency
Source: Philippines Alive
