PANews|Jan 25, 2026 05:31
[Gwangju Prosecutor's Office in South Korea Suspected of Losing Seized Bitcoin Worth Hundreds of Billions of Won, Internal Investigation Underway]
According to South Korean media outlet Ohmy News, the Gwangju District Prosecutor's Office in South Korea is suspected of losing a large amount of Bitcoin that had been seized and stored due to criminal cases. The exact amount of the lost Bitcoin has not yet been disclosed, but it is understood to be worth hundreds of billions of won. The prosecution is currently conducting an internal investigation.
The Gwangju District Prosecutor's Office discovered the loss during a routine inspection to check for any irregularities in seized financial assets. At the time, they were examining Bitcoin-related passwords stored on a portable storage device (USB drive). A prosecution official stated: 'We learned that during a routine check of the seized Bitcoin, an accidental visit was made to a so-called "fake (fraudulent) website." Internal discussions within the prosecution suggest that the lost Bitcoin is valued at up to 70 billion won.'
When responding to media inquiries, an official from the Gwangju District Prosecutor's Office stated: 'We cannot confirm this matter.'
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