AFP Confiscates $2.88M in Assets Tied to Historic Crypto Exchange Breach - Crypto Head
The investigation began in , following a about suspicious Bitcoin transactions.
Duffy, previously convicted for , is suspected to be connected to the from a .
Though no charges have been filed regarding that specific theft, a , citing no legitimate income source.
Duffy had also pleaded guilty in to and breaching to promote account-selling services.
Beach mansion, Benz and Bitcoin worth $4.5m seized from League of Legends hacker Shane Stephen Duffy. #7NEWS https://t.co/KtnYG7vTdy
— 7NEWS Melbourne (@7NewsMelbourne) May 18, 2025
AFP Commander emphasized the importance of disrupting criminal financing through asset seizures.
Proceeds will go to a fund supporting and law enforcement.
Since 2019, CACT has restrained over $1.2 billion in criminal-linked assets.
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