Australian Police Seize $6.4 Million in Cryptocurrency from Ghost Network

According to Odaily, Australian police have confiscated $6.4 million worth of cryptocurrency in a crackdown on the encrypted communication network known as Ghost. Authorities described the network as being specifically designed for organized crime groups. The seized cryptocurrency has been transferred to a secure storage managed by the Australian Federal Police (AFP), and efforts are underway to seek its permanent forfeiture.