Seoul, South Korea – May 2025: In a stunning breach that exposes critical vulnerabilities in handling digital evidence, South Korean prosecutors have been hacked for approximately 40 billion won ($28.8 million) in Bitcoin seized during a criminal investigation. The funds, confiscated in a 2021 raid on a gambling operation, vanished from 57 separate wallets in […]
Gwangju, South Korea – April 2025: South Korean prosecutors have issued a firm denial of any internal collusion following the shocking loss of seized Bitcoin valued at approximately 40 billion won ($29 million). The Gwangju District Prosecutors’ Office confirmed it has initiated a rigorous internal inspection targeting five of its investigators in connection with the […]
Seoul, South Korea – October 2025: In a shocking security failure that has rocked the nation’s legal and financial sectors, South Korean prosecutors confirmed the loss of 320 Bitcoin (BTC) in a sophisticated phishing attack. The incident, which occurred in August 2025 but was only discovered during a recent staff handover, represents a catastrophic breach […]
Washington, D.C., April 2025: Federal authorities are confronting a shocking breach of trust and security. The U.S. Marshals Service (USMS) has launched a major investigation into the alleged embezzlement of more than $40 million in cryptocurrency from a government-controlled wallet. The probe centers on the child of an employee at CMDSS, a federal contractor responsible […]
Seoul, South Korea – April 2025: In a shocking development that exposes critical vulnerabilities in digital asset security, South Korean prosecutors are investigating a suspected phishing attack as the likely cause for the disappearance of seized Bitcoin worth tens of billions of won. The incident, first reported by Segye Ilbo, involves cryptocurrency that was under […]
In a stunning development that exposes critical vulnerabilities in law enforcement’s handling of digital evidence, South Korean prosecutors have lost a massive quantity of seized Bitcoin, with its value estimated in the tens of billions of won. The Gwangju District Prosecutors’ Office confirmed the catastrophic custody failure on January 22, 2025, following an exclusive report […]
Binance South Korea has achieved significant recognition. Indeed, the world’s largest cryptocurrency exchange recently received a prestigious commendation. This award comes from South Korea’s Minister of the Interior and Safety. It highlights Binance’s crucial role in bolstering the national police force’s cybercrime investigation capabilities. This achievement underscores the growing importance of collaboration between private enterprises […]
Big news from Europe! German authorities have taken decisive action against a cryptocurrency exchange, sending a clear message about compliance and illicit finance within the digital asset space. This development involves a significant Germany crypto seizure, impacting a platform known as eXch. What Happened in Germany? Frankfurt prosecutors recently announced that German law enforcement successfully […]
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