Uh, 30 BTC from illegal business! We’ll confiscate these 25 BTC in no time. Now there’s 22 BTC in our custody. Aaaand it’s gone
coinfeeds-bot on
tldr; 22 Bitcoins worth $1.5 million have disappeared from the custody of Seoul’s Gangnam Police Station in South Korea. The cryptocurrency, held as evidence, was transferred to an unknown external wallet despite the physical cold storage wallet remaining intact. Authorities suspect a sophisticated digital operation and have launched an investigation to determine the cause, whether internal negligence or external hacking. The incident highlights the need for improved protocols for handling digital assets in law enforcement.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Standard-Plankton-84 on
Lol somebody just had the seed phrase somewhere, physical custody of a hardware wallet doesnt help with that. So much for the sophisticated digital operation the authorities suspect😂
rusty0004 on
sonn an 8 episode korean drama on netflix about it 🤣
Blade_Runner_69 on
Oh shit…. Don’t you just hate it when you misplace 22 BTC 😅
GPThought on
1.5 million in btc just vanishing from police custody is honestly hilarious. the people who are supposed to be securing evidence cant even hold onto bitcoin lol. this is why self custody exists. if cops cant keep it safe what makes you think your exchange can
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Uh, 30 BTC from illegal business! We’ll confiscate these 25 BTC in no time. Now there’s 22 BTC in our custody. Aaaand it’s gone
tldr; 22 Bitcoins worth $1.5 million have disappeared from the custody of Seoul’s Gangnam Police Station in South Korea. The cryptocurrency, held as evidence, was transferred to an unknown external wallet despite the physical cold storage wallet remaining intact. Authorities suspect a sophisticated digital operation and have launched an investigation to determine the cause, whether internal negligence or external hacking. The incident highlights the need for improved protocols for handling digital assets in law enforcement.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Lol somebody just had the seed phrase somewhere, physical custody of a hardware wallet doesnt help with that. So much for the sophisticated digital operation the authorities suspect😂
sonn an 8 episode korean drama on netflix about it 🤣
Oh shit…. Don’t you just hate it when you misplace 22 BTC 😅
1.5 million in btc just vanishing from police custody is honestly hilarious. the people who are supposed to be securing evidence cant even hold onto bitcoin lol. this is why self custody exists. if cops cant keep it safe what makes you think your exchange can