Odaily News The Australian Federal Police (AFP) said on Tuesday it had seized $6.4 million worth of cryptocurrency as part of an investigation into the masterminds behind Ghost, an encrypted communications app used by organized crime groups. The suspect, Jay Je Yoon Jung, 32, from New South Wales, was arrested on September 17 in "Operation Kraken" and now faces multiple charges, including supporting a criminal organization. Authorities will move the confiscated funds to secure storage. The assets will be subject to restrictions under the Federal Proceeds of Crime Act 2002. The act aims to disrupt criminal networks by confiscating illicit property. (Decrypt)