PANews February 25 News: According to The Block, on February 25, 2026, the Gyeonggi Northern Police Department in South Korea arrested two suspects for allegedly stealing 22 Bitcoins from the evidence vault of the Gangnam Police Station. These Bitcoins were initially seized in November 2021 during the investigation of the “A Coin Foundation” hacking case. The investigation revealed that the police did not store the assets in an officially regulated hardware wallet at the time but used a cold wallet provided by the foundation, allowing the suspects to illegally transfer the assets via mnemonic phrases over the communication network. Currently, the approximately $1.5 million worth of Bitcoin has not been recovered. Additionally, the former officer in charge of the case was sentenced to 18 months in prison in August 2024 for accepting bribes from the foundation.
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
[Cryptocurrency Inflows and Outflows] US dollar funds restart inflow... Bitcoin absorbs $3.3 billion
On the 26th, the cryptocurrency market experienced healthy capital inflows, with USD inflows of $228 million. Bitcoin attracted over $300 million, and the market's internal circulation trend strengthened. USDC saw significant outflows, mainly transferred to USDT. Overall, the market showed active capital movement, and safe-haven assets also received attention.
TechubNews3m ago
Data: If BTC drops below $64,982, the total long liquidation strength on mainstream CEXs will reach $1.498 billion.
ChainCatcher News, according to Coinglass data, if BTC drops below $64,982, the total long liquidation strength on major CEXs will reach $1.498 billion. Conversely, if BTC breaks through $71,758, the total short liquidation strength on major CEXs will reach $788 million.
GateNewsBot13m ago
Crypto incubator WebN Group supported by Alan Howard is about to shut down
Billionaire Alan Howard-backed crypto incubator WebN Group is shutting down. The organization had invested in multiple digital asset projects. Sources say WebN has "fulfilled its mission," and some employees have transferred to Brevan Howard, which has suffered significant losses in recent years.
GateNewsBot20m ago
[BTC Cycle Tracker] "$70,000 Still a Barrier"… Bitcoin rebounds to the $67,000 range, trend reversal not yet confirmed
Bitcoin price rebounded in the $67,000 range but faced strong resistance at $70,000 and remains in a downward channel. In the short term, trading is concentrated between $66,000 and $68,000, with heavy selling pressure and no significant breakthrough above. Market performance indicates that risk management strategies are still effective, and future liquidity changes could influence trend reversals.
TechubNews45m ago
BTC drops below 68,000 USDT
Gate News bot message, Gate market display, BTC drops below 68,000 USDT, current price 67,985.7 USDT.
CryptoRadar1h ago
