Gwangju District Prosecutors' Office in South Korea has encountered a major incident. Unintentionally, they lost the Bitcoin they were holding — how big is the scale? Rumors suggest it reached 70 billion KRW, approximately 49 million USD.
Here's what happened: During a routine inspection, the prosecution discovered an issue. The assets stored in a USB containing the private key password suddenly disappeared. An initial investigation points to a rather comical reason — an employee accidentally visited a phishing website during the inspection process. With this single mistake, hundreds of billions of KRW vanished into thin air.
According to insiders, this incident exposed vulnerabilities in the judicial system's digital asset management. Bitcoin, as seized property, was properly stored, but a problem arose during the routine inspection phase. This is not only a technical issue but also a double failure in security awareness and process management.
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Layer2Observer
· 2h ago
A phishing site caused a loss of $49 million... How outrageous is that? Is this the level of judicial agencies managing private keys?
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0xOverleveraged
· 3h ago
Phishing sites bankrupt with one click, how outrageous is that...
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HalfPositionRunner
· 3h ago
Haha, even phishing sites can catch users, this security awareness is really top-notch.
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FudVaccinator
· 3h ago
Haha, I'm dying of laughter. The judicial authorities are not as alert to phishing as my mom is.
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ShamedApeSeller
· 3h ago
One-click phishing scams for 49 million? Even the Procuratorate can't beat the scam groups, haha
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LiquidationWatcher
· 3h ago
ngl this is exactly the kind of nightmare fuel that keeps me up at night... one phishing click and $49M just evaporates? that's not just a security fail, that's a health factor collapse for an entire institution lmao. been there with smaller amounts and it still haunts me, can't imagine the institutional ptsd here.
Gwangju District Prosecutors' Office in South Korea has encountered a major incident. Unintentionally, they lost the Bitcoin they were holding — how big is the scale? Rumors suggest it reached 70 billion KRW, approximately 49 million USD.
Here's what happened: During a routine inspection, the prosecution discovered an issue. The assets stored in a USB containing the private key password suddenly disappeared. An initial investigation points to a rather comical reason — an employee accidentally visited a phishing website during the inspection process. With this single mistake, hundreds of billions of KRW vanished into thin air.
According to insiders, this incident exposed vulnerabilities in the judicial system's digital asset management. Bitcoin, as seized property, was properly stored, but a problem arose during the routine inspection phase. This is not only a technical issue but also a double failure in security awareness and process management.