South Korean Government Bitcoin Theft Case: Phishing Attack Suspected as the Culprit

2026-01-25 01:31:48

Source: PortaldoBitcoin Original Title: Hackers steal Bitcoin from the South Korean government Original Link: The amount of Bitcoin seized by South Korean authorities during a police operation was not disclosed and has been lost. The biggest suspicion is that government officials responsible for managing these assets became victims of a phishing attack.

According to local news agency Yonhap News, the incident occurred in the Gwangju region. No further details have been disclosed yet, but local prosecutors have already launched an investigation into the theft that happened in mid-last year.

The report states that the investigation results suggest this could be a case of phishing attack during Bitcoin storage and management. However, authorities still avoid confirming the specific circumstances.

“We are currently investigating the whereabouts of the stolen and confiscated items,” an official told Yonhap News, adding, “We cannot confirm any specific details.”

In a phishing attack, criminals perfectly replicate an application, website, or email of a service and persuade victims to enter their passwords, making them believe they are accessing a regular service. After obtaining the passwords, they access the wallets and steal the assets.

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