Skip to content
  • home
  • News
  • How to
  • Coin information
  • Bot Lab
  • General Discussion
  • Recente
  • Populare
  • Taguri
Skins
  • Light
  • Brite
  • Cerulean
  • Cosmo
  • Flatly
  • Journal
  • Litera
  • Lumen
  • Lux
  • Materia
  • Minty
  • Morph
  • Pulse
  • Sandstone
  • Simplex
  • Sketchy
  • Spacelab
  • United
  • Yeti
  • Zephyr
  • Dark
  • Cyborg
  • Darkly
  • Quartz
  • Slate
  • Solar
  • Superhero
  • Vapor

  • Default (No Skin)
  • No Skin
Collapse

Coinsori

  1. Acasă
  2. News
  3. Two arrested after South Korean police lost $1.4M in Bitcoin

Două persoane au fost arestate după ce poliția sud-coreeană a pierdut 1,4 milioane de dolari în Bitcoin

Scheduled Pinned Închis Moved News
1 Mesaje 1 Posters 1 Vizualizări
  • Vechi la Noi
  • Noi la Vechi
  • Most Votes
Răspunde
  • Răspunde ca subiect
Login pentru a răspunde
Acest subiect a fost șters. Doar utilizatorii cu privilegii pentru moderarea subiectelor îl poate vedea.
  • K Deconectat
    K Deconectat
    kim
    wrote on ultima editare de
    #1

    Two people have been arrested in South Korea in relation to a case in which police lost 22 Bitcoin, now worth $1.4 million, after storing the coins in a third-party cold wallet.

    The news of the loss of 22 Bitcoin (BTC) was first reported by local media in early February, with more details about the case emerging as the Gyeonggi Northern Provincial Police Agency continues its investigation.

    According to a report from South Korean publication Dong-A Ilbo on Wednesday, investigators found multiple policy breaches that ultimately led to the funds being stolen.

    Under the station’s protocol, which had been in place for multiple years, any seized crypto is supposed to be stored in a cold wallet under full police control.

    However, after BTC was seized via voluntary submission following a hack on a local exchange in November 2021, it was stored in a cold wallet owned by a third party related to the hacking case, which also had access to the wallet’s seed phrase.

    To make matters worse, the police themselves also reportedly had no idea what the seed phrase was.

    Funds pulled under strange circumstances

    Police are still investigating the circumstances that led to the funds being stolen.

    However, the South Korean outlet stated that an official from a company with access to the seed phrase gave it over to an individual known as “Mr. Jeong” as part of a borrowing agreement between the two.

    So far, two individuals have been arrested by the Gyeonggi Northern Provincial Police Agency in connection with the case.

    Adding to the complexity, an investigator working on the initial case involving the hacked exchange from which the seized funds originated was sentenced in August 2025 on bribery charges. It was found that he had been offered money in exchange for giving a favorable investigation.

    It took four years for authorities to discover the funds had gone missing, with the problem flagged after a nationwide audit in response to the disappearance of 320 BTC in a separate case at the Gwangju District Prosecutors’ Office.
    source: https://www.tradingview.com/news/cointelegraph:e4bc6b49a094b:0-two-arrested-after-south-korean-police-lost-1-4m-in-bitcoin/

    1 Reply Last reply
    0

    Hello! It looks like you're interested in this conversation, but you don't have an account yet.

    Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.

    With your input, this post could be even better 💗

    Înregistrare Autentificare
    Răspunde
    • Răspunde ca subiect
    Login pentru a răspunde
    • Vechi la Noi
    • Noi la Vechi
    • Most Votes


    • Autentificare

    • Nu ai un cont? Înregistrare

    • Login or register to search.
    Powered by NodeBB Contributors
    • First post
      Last post
    0
    • home
    • News
    • How to
    • Coin information
    • Bot Lab
    • General Discussion
    • Recente
    • Populare
    • Taguri