South Korean prosecutors lose a large amount of seized Bitcoin, with losses potentially reaching $48 million

BTC0,29%

PANews January 22 News, according to Ohmynews, the Gwangju District Prosecutors Office in South Korea recently conducted a routine check of seized assets and discovered that a large amount of Bitcoin related to criminal cases stored by them was missing, with an estimated loss of hundreds of billions of Korean won (the report mentions internal rumors of about 70 billion won, approximately $48 million).
It is reported that the prosecution stored Bitcoin-related passwords and other information on portable storage devices, and the loss may have occurred during the inspection process due to accidental access to a so-called “scam website.” The Gwangju District Prosecutors Office’s official response to this matter is “unable to confirm.” The prosecution has now launched an internal investigation into the incident.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Basel rule changes could unlock huge Bitcoin liquidity: Analyst

The Basel III framework governing bank capital requirements is set for an update in 2026, with potential implications for the crypto ecosystem. The outcome could hinge on how the largest digital asset is treated in risk-weight calculations, and analysts warn

CryptoBreaking29m ago

BTC 突破 71000 USDT,24 小时涨幅 0.31%

Gate News 消息,3 月 14 日,市场数据显示,BTC 突破 71000 USDT,现报 71002.5 USDT,24 小时涨幅 0.31%。

GateNews33m ago

BPI Eyes August BTC Tax Relief as Deadline Looms

The Bitcoin Policy Institute (BPI), an industry advocacy group, is eyeing a target window between March and August 2026 to pass a de minimis tax exemption for Bitcoin through Congress, warning that time to pass meaningful legislation is running out. BPI said it has engaged with 19 Congressional

CryptoBreaking33m ago

BTC 突破 71000 美元,日内涨幅 0.63%

Gate News 消息,3 月 14 日,BTC 突破 71000 美元,日内涨幅 0.63%。

GateNews53m ago

Bitcoin Price Flashes Rare Signal: This Indicator Hits Cycle Bottom Levels

Bitcoin has just been through a savage run. It went up past $100,000 in late 2025, and then it’s been on a long, painful correction. The decline hurts, but to anyone paying even the slightest bit of attention to market cycles, it’s been almost white-noise predictable. Now, a rarely discussed in

CaptainAltcoin1h ago
Comment
0/400
No comments