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$47M Bitcoin Vanishes From South Korean Prosecutors’ Custody in Shocking Seizure Mishap


by Chayanika Deka
for CryptoPotato
$47M Bitcoin Vanishes From South Korean Prosecutors’ Custody in Shocking Seizure Mishap

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AI Overview

The Gwangju District Prosecutors’ Office in South Korea has lost access to confiscated Bitcoin valued at hundreds of billions of won during an investigation. The exact loss amount remains unconfirmed, raising concerns about security in asset management.

Bearish

The Gwangju District Prosecutors’ Office recently discovered that the Bitcoin it had confiscated in a criminal case and stored as part of an investigation was no longer accessible, according to a report by a South Korean news outlet.

It is estimated that the losses are at “hundreds of billions of won,” though the exact figure has not been publicly confirmed.

Read the article at CryptoPotato

In This News

Coins

$ 88.17K

-1.51%

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In This News

Coins

$ 88.17K

-1.51%

Share:

Read More

South Korea Investigates $48M Bitcoin Loss From Prosecutors’ Evidence Vault

South Korea Investigates $48M Bitcoin Loss From Prosecutors’ Evidence Vault

South Korean prosecutors are investigating the loss of a large amount of Bitcoin that...
South Korean Prosecutors Probe $49M Bitcoin Loss From State Custody

South Korean Prosecutors Probe $49M Bitcoin Loss From State Custody

The prosecutor from South Korea is investigating the disappearance of Bitcoin capture...

$47M Bitcoin Vanishes From South Korean Prosecutors’ Custody in Shocking Seizure Mishap


by Chayanika Deka
for CryptoPotato
$47M Bitcoin Vanishes From South Korean Prosecutors’ Custody in Shocking Seizure Mishap

Share:

AI Overview

The Gwangju District Prosecutors’ Office in South Korea has lost access to confiscated Bitcoin valued at hundreds of billions of won during an investigation. The exact loss amount remains unconfirmed, raising concerns about security in asset management.

Bearish

The Gwangju District Prosecutors’ Office recently discovered that the Bitcoin it had confiscated in a criminal case and stored as part of an investigation was no longer accessible, according to a report by a South Korean news outlet.

It is estimated that the losses are at “hundreds of billions of won,” though the exact figure has not been publicly confirmed.

Read the article at CryptoPotato

In This News

Coins

$ 88.17K

-1.51%

Share:

In This News

Coins

$ 88.17K

-1.51%

Share:

Read More

South Korea Investigates $48M Bitcoin Loss From Prosecutors’ Evidence Vault

South Korea Investigates $48M Bitcoin Loss From Prosecutors’ Evidence Vault

South Korean prosecutors are investigating the loss of a large amount of Bitcoin that...
South Korean Prosecutors Probe $49M Bitcoin Loss From State Custody

South Korean Prosecutors Probe $49M Bitcoin Loss From State Custody

The prosecutor from South Korea is investigating the disappearance of Bitcoin capture...