Odaily Planet Daily reports that the Gwangju District Prosecutor’s Office in South Korea has recovered approximately $21.4 million worth of Bitcoin stolen from its custody last year. The assets were originally seized from a gambling platform and were stolen in August last year after investigators accidentally accessed a phishing website, which led to the exposure of the seed phrase. Due to the prosecution blocking transactions on the related wallets, making it difficult to liquidate the assets, the hacker returned 320.8 Bitcoin to the official wallet on Tuesday. Currently, the South Korean prosecutors have transferred the recovered Bitcoin to a local exchange for safekeeping, and the hacker’s identity remains unknown.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmain, embroiled in controversy, has found its strongest supporter in the United States
Written by: Ryan Weeks, Bloomberg
Compiled by: Luffy, Foresight News
Once viewed by the United States as a national security threat, embroiled in controversies over miner security and remote control, Bitmain is the absolute dominant player in the global Bitcoin mining machine industry. This mysterious Chinese company, after facing White House bans and Department of Homeland Security investigations, unexpectedly formed an important business alliance with Eric Trump, the son of the former U.S. president.
On one side is the Chinese mining machine giant questioned for endangering power grids and military base security; on the other is a Bitcoin company under the Trump family's banner. The two sides have built a super mining farm in Texas and launched major cooperation. This article reconstructs this alliance intertwined with politics and cryptocurrency, revealing how Bitmain reversed course from America's "blacklist" and became one of the most critical business partners of the Trump family. Below is the full translation:
Mining Empire: The Mysterious and Monopolistic Bitmain
PANews7m ago
QCP: BTC Oscillates Near $74,000; Multi-Country Central Bank Rate Decisions Key This Week
QCP Capital analysis indicates that BTC price is maintaining around $74,000, with a lack of upward momentum. Although the overall crypto market remains under pressure, the declines are relatively controlled. Central bank policy meetings throughout the year will influence the market, as high oil prices have lowered expectations for rate cuts, and the interest rate environment has weakened support for crypto assets. Until policy and geopolitical situations become clearer, a volatile pattern may continue.
GateNews8m ago
OpenSea CEO responds to Vanity Fair controversy: wife developing independently, team will focus on long-term growth
OpenSea CEO Devin Finzer, responding to the Vanity Fair controversy, stated that despite external criticism, the team continues to develop and focuses on products that users love. He emphasized that the crypto industry is still in its early stages and will become integrated into daily life in the future, noting that the report misunderstood the industry.
GateNews9m ago
Former UK Chancellor's BTC Treasury Company STAK Completes $2.4M Institutional Fundraising
Gate News reports that on March 18, Kwasi Kwarteng, former UK Chancellor of the Exchequer, founded Stack BTC Plc (STAK), a BTC treasury company, which raised $2.4 million through institutional funding. The funds will be used to purchase more BTC.
GateNews10m ago
