Korean Prosecutors Lose Seized Bitcoin Worth Millions, Potential Loss Up to $48 Million

Odaily reported that during a recent routine inspection of seized assets, the Gwangju District Prosecutors' Office in South Korea discovered that a large amount of Bitcoin related to criminal cases under its custody was missing. The estimated loss is as high as hundreds of billions of Korean won (reports mention internal rumors of about 700 billion won, approximately $48 million).

It is reported that the prosecutors stored information such as Bitcoin-related passwords on portable storage devices. This loss may have occurred during the inspection process due to mistakenly accessing so-called "scam websites." The official response from the Gwangju District Prosecutors' Office regarding this matter is "unable to confirm." Currently, the prosecutors have launched an internal investigation into the incident. (Ohmynews)