South Korean Police Confirm Leakage of 22 Seized BTC, Internal Transfer Path and Possible Personnel Involvement Under Investigation

Odaily News The Gangnam Police Station in South Korea has confirmed the leakage of 22 Bitcoin under its custody during an investigation, valued at approximately 2.1 billion KRW at current prices. These Bitcoins were voluntarily submitted assets received by the police during a case investigation in 2021. The investigation indicates that the cold wallet entity was not stolen, but the internal assets were transferred. Law enforcement agencies have launched an investigation into the internal transfer path and the possibility of internal involvement. It is reported that this incident was discovered during a nationwide inspection following the disclosure of the theft of 320 Bitcoin at the Gwangju District Prosecutors' Office. (Donga)