Australia's Police Confiscates Crypto Worth $6.4M in Crackdown on 'Ghost' Messaging App
Australia’s police have seized $6.4 million in cryptocurrency as part of a global crackdown on Ghost, an encrypted communications network. Authorities allege that Ghost was “built solely for the criminal underworld,” according to a statement released.
The operation, which involved law enforcement agencies from several countries, targeted individuals using Ghost to facilitate illegal activities. The network allowed users to communicate securely and anonymously, making it attractive to criminals.
Authorities were able to track and intercept cryptocurrency transactions made through Ghost, leading to the seizure of millions of dollars worth of digital assets. This marks a significant success in the fight against cybercrime and demonstrates the capabilities of law enforcement in combating illegal online activities.
The Australian police are working closely with international partners to dismantle criminal networks operating on encrypted platforms like Ghost. By targeting the infrastructure that supports illegal activities, authorities aim to disrupt criminal operations and hold perpetrators accountable for their actions.
The seizure of $6.4 million in cryptocurrency sends a clear message to those engaging in illicit activities online: law enforcement agencies are actively monitoring and investigating criminal use of digital assets. With continued collaboration and technological advancements, authorities are determined to combat cybercrime and protect the public from harm.
