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AFP nabs $9m in crypto after analyst cracks rigged seed

A hunch, a tweak, and a $9m crypto stash unlocked.

Oscar Harding
Last updated: October 31, 2025 1:12 am
Oscar Harding
2 Min Read
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2 Min Read

AFP seizes $9m crypto after analyst strips fake digits from seed.

It all began in an AFP lab that resembled a room filled with humming lights and excessive coffee. There was an analyst, who also saw meaning in what appeared to be a 24-word recovery phrase. In a matter of hours, the unlocked crypto wallet was the equivalent of about AU$9 million, and another item of digital crime was brought to the surface.

The suspect had made an attempt to be clever. He had secured his seed with a secret combination of digits and patterns, so he believed he had concealed it forever. Humans, obviously, cannot imitate randomness; we leave traces in our manner of thinking. The analyst quickly detected those minor alerts the common themes, the symmetrical arrangements and followed them. All was illuminated, including the ability to perceive the pattern in a faked signature.

This win nicely connects to Operation Kraken, the growing pressure of the AFP on crypto crime. It’s an early combination of deep and dirty tech  and it continues to establish that breaking a wallet isn’t about magic; it’s about discipline, perseverance, and a good human touch. Indeed, since last year, the task force has been mapping wallet addresses, freezing the assets, and grounding everyone on the notion that control is uses in place of artfulness, even in crypto.

Thus, no, the AFP’s $6 million asset get wasn’t success. It was logic, perseverance, and possibly a little tiny quality of human intuition. The meaning? Don’t experiment with your seed. Keep it visible, keep it secure, and never assume your “secret plan” is a secret. As a result, someone brilliant enough will eventually detect the rhythm of uncovering that you felt no one could hear.

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ByOscar Harding
G'day I’m Oscar Harding, a Australia based crypto / web3 blogger / Summary writer and NFT artist. “Boomer in the blockchain.” I break down Web3 in plain English and make art in pencil, watercolour, Illustrator, AI, and animation. Off-chain: into  combat sports, gold panning, cycling and fishing. If I don’t know it, I’ll dig in research, verify, and ask. Here to learn, share, and help onboard the next wave.
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