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South Korean Prosecutors Lose Large Amount of Seized Bitcoin, Losses Could Reach $48 Million
Summary: According to reports from Ohmynews, the Gwangju District Prosecutors' Office in South Korea recently discovered a significant amount of Bitcoin related to criminal cases missing during a routine inspection of seized assets, with estimated losses reaching hundreds of billions of Korean won (reportedly around 70 billion Korean won, approximately $48 million). Prosecutors reportedly stored Bitcoin-related ...
According to reports from Ohmynews, the Gwangju District Prosecutors' Office in South Korea recently discovered a significant amount of Bitcoin related to criminal cases missing during a routine inspection of seized assets, with estimated losses reaching hundreds of billions of Korean won (reportedly around 70 billion Korean won, approximately $48 million). Prosecutors reportedly stored Bitcoin-related passwords and information on mobile storage devices, and the loss may have occurred due to mistakenly accessing a so-called 'scam website' during the inspection process. The official response from the Gwangju District Prosecutors' Office is 'unable to confirm.' An internal investigation has been launched by prosecutors into the matter.
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Link: South Korean Prosecutors Lose Large Amount of Seized Bitcoin, Losses Could Reach $48 Million [Copy]
