According to social media reports from Cointelegraph, Australian police have cracked a cryptocurrency wallet backup containing 9 million Australian dollars (5.9 million US dollars).

Australian Federal Police (AFP) Commissioner Krissy Barrett referred to this effort as "miraculous work" during a speech on Wednesday, crediting a data scientist internally referred to as the "cryptocurrency vault decoder."

While investigating a suspect with alleged "extensive criminal connections," the suspect amassed a large amount of cryptocurrency by selling "a technical product" to other alleged criminals. The AFP discovered password-protected notes on his phone. Barrett stated that further examination revealed an image containing random numbers and words.

Barrett noted that these numbers were divided into six groups with over 50 combinations, and the AFP digital forensics team "determined that this might be related to a cryptocurrency wallet." The suspect refused to hand over the keys to his cryptocurrency wallet, an act that could result in a maximum of 10 years in prison under Australian law.

"We knew that if we couldn't unlock this cryptocurrency wallet, and the suspect was released after serving his sentence, he would walk out a millionaire with proceeds from organized crime," Barrett said. "This is an unacceptable outcome for our members."

One AFP data scientist realized that the suspect was trying to set obstacles by arranging specific numbers to confuse investigators. To decode the 24 mnemonic words, the first number in each sequence needed to be removed.

The data scientist explained, "Some of the number strings felt off; they didn't look like they were computer-generated." He added that these strings "seemed like numbers were artificially added in front of certain sequences."

This is not the first time the AFP digital forensics team has recovered cryptocurrency assets. In another case, the same unnamed data scientist used a different decoding technique to help recover over 3 million dollars in digital assets.

In both cases, the cryptocurrency assets were seized by a special task force for criminal asset confiscation led by the AFP. If the court rules that the funds should be confiscated, the money will go into a federal account and be redistributed by Minister for Home Affairs Tony Burke to fund crime prevention programs.

Related: Western Union's "WUUSD" trademark hints at cryptocurrency business layout

Original article: “Australian police decoded cryptocurrency wallet, seized 5.9 million dollars in cryptocurrency”

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