Seoul authorities disclosed that about $1.5 million in Bitcoin seized in a 2021 fraud case was transferred out of a secure wallet without detection and only uncovered during a nationwide audit. Although the device itself remained physically intact, the Gyeonggi Northern Provincial Police Agency has opened an investigation into possible internal involvement. The case follows a separate incident in which the Gwangju District Prosecutors’ Office lost 320 BTC in a phishing attack, raising fresh concerns over how confiscated crypto assets are protected in South Korea.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Mantle price action is finally showing some response to the network’s growing numbers. A new…
Today’s crypto market is showing a mildly bullish tone, with Bitcoin holding near the $64,000–$65,000…
The CFTC has ended its enforcement cases against former Alameda Research CEO Caroline Ellison and…
Crypto prices are jumping across the board today, with Bitcoin, Ethereum, and XRP all posting…
Pi Network has completed its first working test of distributed computing across its device network,…
Morpho has added a notable feature to its Markets App, and the MORPHO price is…
