this post was submitted on 01 Oct 2024
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120
Authorities hack cryptocurrency seed phrase (www.abc.net.au)
submitted 2 months ago by mortemtyrannis@lemmy.ml to c/technology@lemmy.world
17 comments fedilink hide all child comments
 

According to the article ‘the Australian Federal Police (AFP) will allege that an analytics specialist from the AFP's Criminal Assets Confiscation Taskforce deciphered Mr Jung's cryptocurrency account's "seed phrase".’

The word ‘decipher’ is doing a lot of heavy lifting. I’m wondering if they socially engineered or just found it written somewhere in the house?

Anyway, curious as to how they did it.

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[–] shortwavesurfer@lemmy.zip 26 points 2 months ago (3 children)

He was being intimidated by men with guns. I suspect he probably willingly gave it up. Or it was written down somewhere, as you mentioned. Either that or he had it stored rather insecurely on his device such as in a notes app or something.

[–] fruitycoder@sh.itjust.works 9 points 2 months ago

The old password deciphering wrench attack. https://xkcd.com/538/

[–] DarkCloud@lemmy.world 4 points 2 months ago

nah, they just told him who had hits out on him, and that he'd be fed to the wolves if he didn't help.

The protective punishment of the state is probably a lot lighter than the street justice of global networks of criminal gangs.

[–] PeachMan@lemmy.world 3 points 2 months ago

Yeah, they probably just guessed his Google Drive password lol