South Korea loses $48 million in seized Bitcoin to phishing scam: Report - Source: CoinTelegraph

Authorities in South Korea have launched an investigation after millions of dollars worth of Bitcoin seized in a criminal case was reportedly stolen.

Officials with the Gwangju District Prosecutors’ Office discovered that around 70 billion won ($47.7 million) worth of Bitcoin was missing during a routine inspection of seized financial assets, according to local mediareports on Thursday.

Story continues: https://cointelegraph.com/news/south-korea-seized-bitcoin-stolen-phishing-scam-report