$6 MILLION WALLET CRACKED! Aussie Police HACK the Unhackable Crypto Vault!
1⃣ In today’s episode: Australian police reveal how a $6 million crypto wallet was hacked, Indonesia prepares to launch a national stablecoin, Zcash hits an all-time high, a Chinese citizen is arrested in Thailand for a $14 million crypto pyramid, and Fight Fight Fight plans to acquire Republic.com to promote the TRUMP token.
👮♂️ Australian Police Reveal How a $6 Million Crypto Wallet Was Hacked
The Australian Federal Police (AFP) disclosed details of an investigation where a digital assets expert managed to access a crypto wallet worth around $6 million (AUD 9 million), allegedly owned by a suspect involved in organised crime. A CACT analyst decrypted the secret phrase using an image with coded numbers found on the suspect’s phone. By identifying numerical patterns, he reconstructed the original 24-word recovery phrase. If approved by the court, the seized funds will be transferred to a national fund supporting anti-crime initiatives.
💰 Bank of Indonesia to Launch National Stablecoin Backed by Government Bonds
Bank Indonesia (BI) is preparing to launch a digital rupiah backed by government bonds. According to Governor Perry Warjiyo, the token will help maintain liquidity and financial stability while reducing the nation’s dependence on dollar-backed stablecoins such as USDT and USDC. The new token aims to strengthen the rupiah in the global digital economy and retain capital within the country, particularly from migrant remittances, which exceeded $16 billion in 2024. The project is a key step toward integrating the national currency into Indonesia’s digital ecosystem.
🚀 Zcash Reaches All-Time High, Surpassing $390
On October 31, Zcash (ZEC) exceeded $390, setting a new all-time high and surpassing Monero in market capitalisation. Over the past week, the token rose by 50%, bringing its market cap to $6.2 billion. The surge is linked to rising demand for private transactions and Grayscale’s recent announcement of a private placement for its Zcash Trust. Despite regulatory pressure, Zcash remains the leading privacy-focused cryptocurrency and may strengthen its position in the DeFi and Web3 sectors.
⚖ Chinese Citizen Arrested in Thailand for $14 Million Crypto Pyramid Scheme
Thai police have arrested a Chinese national in Bangkok suspected of running a cryptocurrency pyramid scheme with losses exceeding $14 million. The scam posed as a legitimate investment platform promising steady profits from crypto trading. After numerous complaints, the suspect fled China and lived in Thailand under false documents. Police seized laptops, phones, and documents confirming his fraudulent activity. He now faces extradition to China and charges of fraud, money laundering, and illegal fundraising.
🇺🇸 Fight Fight Fight Plans to Acquire Republic.com to Promote TRUMP Token
Fight Fight Fight, the company linked to U.S. President Donald Trump and his meme coin TRUMP, is in talks to acquire American crowdfunding platform Republic.com. The deal would allow integration of the TRUMP token into investment processes, enabling investors to use it for fees and startup funding. CEO Bill Zanker also plans to launch a Digital Asset Treasury fund of up to $1 billion to accumulate TRUMP tokens. Currently, 80% of all TRUMP tokens are controlled by Fight Fight Fight and CIC Digital LLC, with a three-year vesting schedule.
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#australia #stablecoin #indonesia #zcash #thailand #trump #trumpcoin #cryptonews
⏱ Timestamps:
00:00 — Intro
00:17 — Episode overview
00:50 — Australian Police Reveal How a $6 Million Crypto Wallet Was Hacked
02:04 — Bank of Indonesia to Launch National Stablecoin
03:24 — Zcash Hits All-Time High
04:56 — Ad: MinerLink
05:49 — Chinese Citizen Arrested in Thailand for Crypto Pyramid Scheme
07:15 — Fight Fight Fight Plans to Acquire Republic.com to Promote TRUMP Token
08:42 — Ad: CashBanx
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