South Korea is shocked by the disappearance of confiscated Bitcoin valued at around US$47 million or equivalent to tens of billions of won. The cryptocurrency was previously seized by prosecutors in a criminal case but vanished during the audit process. The preliminary suspicion points to a phishing attack, where access to the official government wallet was successfully breached. This case has triggered sharp scrutiny over the security of cryptocurrency storage by state agencies and raised concerns about the management of confiscated digital assets.$BTC
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