The Australian Federal Police (AFP) have successfully seized $5.9 million in cryptocurrency from a wallet linked to organized crime. This operation targeted Jay Je Yoon Jung, the developer behind the 'Ghost' encrypted app, and utilized advanced pattern recognition techniques to crack a complex seed phrase. AFP Commissioner Krissy Barrett emphasized the role of human intuition in the forensic recovery of cryptocurrencies. The seizure is expected to impact regional crime prevention funding and aligns with Australia's increasing regulatory oversight in the crypto space. Cyvers Security CEO Deddy Lavid remarked on the exceptional human ingenuity involved in extracting seed phrases from manipulated data, highlighting the innovative approach taken by the AFP.