#southkoreaseizedbtcloss ๐จ UNBELIEVABLE FAIL IN CRYPTO SECURITY ๐จ
Even governments arenโt safe anymoreโฆ๐๐ฅ๐ซ
๐ฐ๐ท South Koreaโs prosecutors just lost nearly $48 MILLION worth of seized Bitcoin ๐ฑ
Yes โ that Bitcoin (
$BTC )was confiscated from criminalsโฆ and then vanished during a routine security check ๐
southkoreaseizedbtcloss
๐ Hereโs what went down:
๐ The Gwangju District Prosecutorsโ Office was inspecting seized BTC when an official accidentally clicked a phishing/scam site while accessing credentials on a USB drive.
๐ Result? Around 70 billion KRW (~$47.7 - $48M) in Bitcoin was stolen โ gone.
๐ Prosecutors confirmed the loss but wonโt disclose the exact amount or coin count as the investigation continues.
๐ฅ This isnโt just another crypto hack โ
Itโs a slap in the face to custody practices worldwide.
If LAW ENFORCEMENT can lose Bitcoin this way, what chance do ordinary hodlers have? ๐ฌ
๐ Meanwhile:
โข Crypto phishing losses globally dropped >80% in 2025 (to ~$83.8M) โ but smart scammers still win.
โข Chainalysis reports total crypto fraud & scam losses hit ~$17B in 2025 โ with AI-powered attacks up 4.5x.
๐ฅ Even government custody isnโt immune.
Secure your private keys. Use hardware wallets + multisig + offline cold storage.
Because if a prosecutorโs office can get phishedโฆ no one is safe. ๐
#Bitcoin BTC
#hack #security
#SouthKorea #cryptoloss blockchain