Korean prosecutors recover $21.4 million worth of stolen Bitcoin

BTC-1.1%

Odaily Planet Daily reports that the Gwangju District Prosecutor’s Office in South Korea has recovered approximately $21.4 million worth of Bitcoin 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 accessed a phishing website, which led to the exposure of the seed phrase. Due to the prosecution blocking transactions on the related wallets, making it difficult to liquidate the assets, the hacker returned 320.8 Bitcoin to the official wallet on Tuesday. Currently, the South Korean prosecutors have transferred the recovered Bitcoin to a local exchange for safekeeping, and the hacker’s identity remains unknown.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

U.S. Spot Bitcoin and Ethereum ETFs Post Outflows, Solana ETFs See Inflows

U.S.-based Bitcoin and Ethereum ETFs experienced significant outflows totaling $175.1 million, primarily driven by BlackRock funds. In contrast, Solana ETFs saw small inflows, while XRP ETFs continued to see withdrawals.

TheNewsCrypto25m ago

Bitcoin's short-term Sharpe ratio reaches a new all-time high

PANews February 19 News, CryptoQuant posted on X platform that the short-term Sharpe ratio of Bitcoin has reached a record high, a level that is usually only seen in the generational buy-in zone. Previously, after each extreme negative reading, there was a strong rebound, reaching new highs.

GateNewsBot30m ago

UAE Sits on $344M Profit From $450M Bitcoin

_UAE mines $453.6M in Bitcoin with Citadel, holds most of it, and sits on $344M profit excluding energy costs._ The United Arab Emirates has mined approximately $453.6 million worth of Bitcoin through its partnership with Citadel, continues to hold the

LiveBTCNews47m ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)