The Gwangju Prosecutors' Office in South Korea is conducting an internal investigation into the suspected theft of 70 billion won worth of seized Bitcoin.

This article is machine translated
Show original

On January 25, according to South Korean media outlet Ohmy News, the Gwangju District Prosecutors' Office in South Korea is suspected of recently losing a large amount of Bitcoin seized and stored in connection with a criminal case. The exact amount of Bitcoin lost has not been released, but it is understood to be worth hundreds of billions of Korean won. The prosecution is conducting an internal investigation.

The Gwangju District Prosecutors' Office discovered the loss during a routine inspection of seized financial assets for irregularities. They were examining Bitcoin-related passwords stored on a USB flash drive. A prosecutor stated, "We understand that the incident occurred during a routine inspection of seized Bitcoins when someone inadvertently visited a so-called 'fake (fraudulent) website.' Internal discussions within the prosecution suggest the lost Bitcoins are worth as much as 70 billion won."

When asked by the media, an official from the Gwangju District Prosecutors' Office said, "We cannot confirm this."

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments