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South Korean Prosecutors Lose $300M in Seized Bitcoin to Phishing Attack

South Korean Prosecutors Lose $300M in Seized Bitcoin to Phishing Attack

First seen 23 Jan 2026, 22:10 UTC • •

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ThreatCluster AI
ThreatCluster •March 12, 2026 at 13:27 UTC

South Korean prosecutors experienced a significant loss of seized Bitcoin valued at approximately $300 million due to a phishing attack. The incident occurred after wallet passwords were exposed during a routine check, enabling attackers to access the confiscated cryptocurrency.

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