South Korean prosecutors lose a huge amount of seized Bitcoin, with losses potentially reaching 48 million USD

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Mars Finance reports that according to Ohmynews, the Gwangju District Prosecutors Office in South Korea recently conducted a routine inspection of seized assets and discovered that a large amount of Bitcoin related to criminal cases stored by them was missing, with an estimated loss of hundreds of billions of Korean won (the report mentions internal rumors of about 70 billion won, approximately 48 million USD). It is understood that the prosecutors stored Bitcoin-related passwords and other information on portable storage devices, and the loss may have occurred during the inspection process due to accidental access to a so-called “scam website.” The Gwangju District Prosecutors Office’s official response to this matter is “unable to confirm.” The prosecutors have now launched an internal investigation into the incident.

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