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

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

Share:
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.
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.



