[Australian Police Seize $6.4 Million Crypto Wallet and Arrest Suspect] The Australian Federal Police successfully deciphered the seed phrase of a digital wallet containing $6.4 million worth of cryptocurrency, which was identified as illicit proceeds of an organized crime group. This operation is part of a broader crackdown on encrypted communication networks, which are believed to be tools for criminal organizations. Additionally, police arrested 32-year-old Sydney resident Jay Je Yoon Jung, who is accused of developing a highly encrypted communication platform called Ghost, allegedly designed specifically for criminal groups.