Short News View Non-AMP

South Korea Recovers $21M Stolen Bitcoin After Hacker Returns It

Published by
Sohrab Khawas

South Korean prosecutors have recovered about $21.4 million worth of Bitcoin that was stolen from their custody last year. The 320.88 BTC was originally seized from a gambling platform but went missing in August 2025 after investigators were tricked by a phishing site that exposed wallet keys. Authorities froze transactions tied to the theft, making it hard to liquidate the funds, and the hacker ultimately returned the Bitcoin. While the assets are now secured, officials continue trying to identify the unknown hacker.

Trust with CoinPedia:

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.

Investment Disclaimer:

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 and Advertisements:

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.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Follow the Money: The 5 Cryptos Favored by US Congress Members

Under the 2012 STOCK (Stop Trading on Congressional Knowledge) Act, congressional members and other government…

April 21, 2026

Grayscale Dumps Coinbase for Anchorage in HYPE ETF Custody Shake-Up

Leading asset manager Grayscale has now updated its HYPE ETF (ticker: GHYP) filing with the…

April 21, 2026

Quantum-Resistant XRPL: Ripple Releases Roadmap to Secure the Ledger’s Digital Future

Ripple has today published a roadmap to quantum-proof the XRP Ledger (XRPL) by 2028. This…

April 21, 2026

Bitcoin Holds Double-Digit Gains This Month Despite Volatility  — What’s Next for BTC Price?

While April has been one of the turbulent months for the crypto markets, it has…

April 20, 2026

Charles Hoskinson Says Ripple Sells XRP to Fund Its Own Business While Creating No Buy Demand for XRP Holders

Charles Hoskinson has delivered one of his most pointed critiques of Ripple and XRP's tokenomic…

April 20, 2026

Exclusive: Arthur Hayes Says Bitcoin Will Chop Between $60K and $90K Until the Fed Prints Money

Bitcoin crossed $78,000 on April 17 for the first time since early February, but Arthur…

April 20, 2026