South Korean Police Confirm Outflow of 22 Bitcoins
Recent reports confirm that 22 Bitcoins under the custody of South Korean police in Gangnam were unexpectedly transferred, valued at approximately 2.1 billion KRW based on current market prices. The digital assets were voluntarily submitted during an investigation in 2021.
Despite the cold wallet hardware showing no signs of external intrusion or theft, the assets mysteriously disappeared, raising concerns about potential internal activity.
Investigation Into Internal Transfer
Authorities have launched a full-scale investigation to trace the movement of the missing assets and determine whether internal personnel were involved.
This incident came to light during a nationwide review prompted by the recent revelation of a 320 Bitcoin theft at the Gwangju District Prosecutors' Office, casting doubt on the security measures used by law enforcement agencies to safeguard cryptocurrency assets.
- 22 Bitcoins valued at 2.1 billion KRW
- Originally voluntarily submitted during a 2021 case
- Cold wallet not hacked, but assets moved
- Discovered during nationwide check after Gwangju theft