South Korean police have arrested two suspects accused of stealing 22 seized Bitcoin
Svmuu News: On February 25, 2026, the Gyeonggi North Provincial Police Agency arrested two suspects accused of stealing 22 Bitcoin coins from the evidence storage facility at the Gangnam Police Station.This batch of Bitcoin was originally seized in November 2021 during an investigation into the hacking of the “A Coin Foundation.” According to the investigation, because the police had not stored the assets in an officially regulated hardware wallet at the time but instead used a cold wallet provided by the foundation, the suspects were able to illegally transfer the assets via information and communication networks using the recovery phrase.Currently, these Bitcoin, valued at approximately $1.5 million, have not yet been recovered. Additionally, the former police officer in charge of the case at the time was sentenced to 18 months in prison in August 2024 for accepting bribes from the foundation. (The Block)
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Billionaire investor Chase Coleman’s Tiger Global fund disclosed in its latest 13F filing that its top five growth stocks are all focused on AI infrastructure, including TSMC, NVIDIA, Amazon, Meta, and Google.
-
2
Liquidity Crunch in Cryptocurrency Mining: Causes and Analysis of the Current Situation in 2026
-
3
Analysis of CRYSTAL’s Value and Investment Potential: An Examination of Multiple Projects and Risk Assessment
-
4
Will the BEAM token go to zero? Could it rise to $1,000? An in-depth analysis of the Beam network and its market prospects
-
5
Microsoft It is up 3.02% today and is currently trading at $464.720
-
6
Federal Appeals Court Rejects Bid to Block Trump’s Mail Voting Restrictions
-
7
India’s Kerala Struggles to Care for Aging Population with Low Fertility Rate
-
8
The analysis points out that Iran’s overlapping centers of power complicate efforts to end the war with the United States, and that the Revolutionary Guards possess significant operational autonomy.
-
9
Donald Trump TRUMP (TRUMP) 2026 Outlook: Analysis of Price Trends and Key Influencing Factors
-
10
Israeli West Bank Settler Tells BBC Attacks on Palestinians Are Justified as Revenge, Equating One Jewish Life to "10 Million" Palestinians
Markets Today
Recommended Reading






