South Korean police detain two suspects for allegedly stealing 22 Bitcoins from evidence vault

Police in South Korea arrested two individuals for stealing 22 Bitcoins from their evidence vault. This theft was possible due to improper storage of assets, which were not secured in a regulated hardware wallet.

The Bitcoins were seized during an investigation into the A Coin Foundation hack in November 2021. A previous officer involved received an 18-month prison sentence in August 2024 for accepting bribes.

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