Australian police crack coded wallet, seize $5.9M in crypto

The Australian Federal Police cracked a coded crypto wallet backup holding $5.9 million after a data scientist deciphered a complex numerical sequence on a phone.

Australian police cracked a coded cryptocurrency wallet backup containing 9 million Australian dollars ($5.9 million).

Australian Federal Police (AFP) Commissioner Krissy Barrett described the effort as “miraculous work” during a Wednesday speech, crediting a data scientist who has become known within the agency as a “crypto safe cracker.”

During an investigation into a purported “well-connected alleged criminal” who stockpiled cryptocurrency by selling “a tech-type product to alleged criminals,” the AFP came across password-protected notes on his mobile phone. Upon further examination, law enforcement also identified an image containing random numbers and words, Barrett said.

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