Cointime

Download App
iOS & Android

South Korean prosecutors lost a large sum of seized Bitcoin, with losses potentially reaching $48 million.

according to Ohmynews, that the Gwangju District Prosecutors' Office in South Korea recently discovered the loss of a large amount of Bitcoin related to criminal cases during a routine inspection of seized assets, with estimated losses amounting to hundreds of billions of Korean won (the report mentioned internal rumors of about 70 billion won, approximately 48 million US dollars).

It is reported that the prosecution stored Bitcoin-related passwords and other information on a mobile storage device, and the loss may have been caused by mistakenly accessing a so-called "scam website" during the inspection. The official response from the Gwangju District Prosecutors' Office to this matter was "unable to confirm." The prosecution has now launched an internal investigation into the matter.

Comments

All Comments

Recommended for you