[South Korean Police Arrest Two Suspects in $1.4 Million Bitcoin Theft Case] On February 27, South Korean police arrested two suspects in a case involving the theft of 22 Bitcoins (valued at approximately $1.4 million). These Bitcoins were originally seized by the police in November 2021 during an investigation into a hacking incident targeting a cryptocurrency exchange. However, they were stolen because they were stored in a cold wallet controlled by a third party, and the police did not have access to the mnemonic phrase. The mnemonic phrase had been handed over to a certain 'Mr. Jeong' as part of a loan agreement. This case was uncovered during an audit related to another incident involving the disappearance of 320 Bitcoins at the Gwangju District Prosecutors' Office.