South Korean Police Lose $1.4M in Bitcoin, Two Arrested After Theft
Two individuals have been arrested following the loss of $1.4 million in Bitcoin by South Korean police. According to reports, the police seized the Bitcoin in 2021 but stored it in a third-party wallet. The wallet was subsequently compromised, and the theft went unnoticed for four years. The incident highlights the challenges and risks associated with cryptocurrency storage and security, particularly for law enforcement agencies handling digital assets.
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