#southkoreaseizedbtcloss 🚨 UNBELIEVABLE FAIL IN CRYPTO SECURITY 🚨
Even governments aren’t safe anymore…🙏💥😫
🇰🇷 South Korea’s prosecutors just lost nearly $48 MILLION worth of seized Bitcoin 😱
Yes — that Bitcoin (
$BTC )was confiscated from criminals… and then vanished during a routine security check 😓
southkoreaseizedbtcloss
🔍 Here’s what went down:
👉 The Gwangju District Prosecutors’ Office was inspecting seized BTC when an official accidentally clicked a phishing/scam site while accessing credentials on a USB drive.
👉 Result? Around 70 billion KRW (~$47.7 - $48M) in Bitcoin was stolen — gone.
👉 Prosecutors confirmed the loss but won’t disclose the exact amount or coin count as the investigation continues.
💥 This isn’t just another crypto hack —
It’s a slap in the face to custody practices worldwide.
If LAW ENFORCEMENT can lose Bitcoin this way, what chance do ordinary hodlers have? 😬
📉 Meanwhile:
• Crypto phishing losses globally dropped >80% in 2025 (to ~$83.8M) — but smart scammers still win.
• Chainalysis reports total crypto fraud & scam losses hit ~$17B in 2025 — with AI-powered attacks up 4.5x.
🔥 Even government custody isn’t immune.
Secure your private keys. Use hardware wallets + multisig + offline cold storage.
Because if a prosecutor’s office can get phished… no one is safe. 💀
#Bitcoin BTC
#hack #security
#SouthKorea #cryptoloss blockchain