seizedbtc

🇰🇷 South Korea Seized BTC Missing — Official Investigation Underway
📍 South Korea’s Gwangju District Prosecutors’ Office has reported that a significant amount of seized Bitcoin went missing while under government custody. An internal investigation is ongoing after the disappearance was discovered during a routine asset inspection. �
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🧪 Officials say the loss likely involved a phishing incident that exposed wallet access credentials. Once private keys are compromised, stolen cryptocurrency is generally unrecoverable. �
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💰 Local media and internal sources estimate the value at around 70 billion KRW (~$48 M), but no official amount has been confirmed yet. �
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📌 Investigation continues; authorities have declined to give precise details. �

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