$47.7 million worth of Bitcoin seized by South Korean local prosecutors' office stolen in phishing attack

GateUser-6433627c · 2026-01-23T04:09:48+00:00

Gwangju Prosecutor's Office in South Korea seizes approximately 70 billion KRW worth of stolen Bitcoin, investigating a phishing attack caused by staff accessing a scam website. The specific amount of loss has not been disclosed, but authorities are tracking the whereabouts of the seized assets. This incident occurred after customs dismantled a cryptocurrency money laundering network.

GateUser-6433627c

2026-01-23 04:09:48

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On January 23, according to Cointelegraph, approximately 70 billion Korean won (47 million USD) worth of seized Bitcoin by the Gwangju District Prosecutor’s Office in South Korea has been stolen, and authorities have launched an investigation. Reports indicate that the prosecution discovered the loss of Bitcoin during a routine inspection of seized assets. These cryptocurrencies were stolen through a phishing attack after a staff member visited a scam website. The prosecution declined to disclose the specific amount of loss and the time of Bitcoin seizure, only stating that they are “tracking the situation and whereabouts of the seized items.” This incident occurred after South Korean customs authorities dismantled a large-scale cryptocurrency money laundering network earlier this week.

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