$47.7 Million in Bitcoin Seized by South Korean Local Prosecutor's Office Stolen in Phishing Attack

Odaily News: Approximately 70 billion won ($47.7 million) worth of seized Bitcoin from the Gwangju District Prosecutor's Office in South Korea has been stolen, and authorities have launched an investigation.

According to reports, the prosecution discovered the missing Bitcoin during a routine inspection of seized assets. These crypto assets were stolen through a phishing attack after a staff member visited a fraudulent website. The prosecution declined to disclose the specific amount of the loss or the time when the Bitcoin was seized, stating only that they are "tracking the status and whereabouts of the seized items." This incident occurred after South Korean customs authorities dismantled a large cryptocurrency money laundering network earlier this week. (Cointelegraph)