South Korean Prosecutors Recover $21.4 Million Worth of Stolen Bitcoin

Odaily News: The Gwangju District Prosecutors' Office in South Korea has recovered approximately $21.4 million worth of Bitcoin that was stolen from its custody last year. The assets were originally seized from a gambling platform and were stolen in August last year after investigators accidentally entered a phishing website, leading to the leakage of the mnemonic phrase. As the prosecutors blocked transactions from the related wallets, making it difficult to liquidate the assets, the hackers returned 320.8 Bitcoins to the official wallet on Tuesday. The South Korean prosecutors have now transferred the recovered Bitcoin to a local exchange for safekeeping, and the identity of the hackers has not yet been determined.