The Gyeonggi Bukbu Provincial Police Agency has launched an internal investigation into the Gangnam case, reviewing access logs, personnel handling, and possible technical vulnerabilities. Authorities are examining whether phishing, improper key management, or insider involvement played a role. No recovery of the funds has been reported.
FAQ What happened in the Gangnam bitcoin case?Police confirmed that 22 seized bitcoin were transferred out of a cold wallet without physical theft. How were the funds discovered missing?A nationwide audit in January 2026 uncovered the discrepancy through blockchain review. Was this the first such incident in South Korea?No, authorities previously reported a 320 BTC loss linked to phishing in August 2025. Have the missing bitcoin been recovered?No recovery has been announced as of mid-February 2026.South Korean Police Lose 22 Bitcoin From Cold Wallet in Gangnam Evidence Case
Latest News
VerifiedX Launches Bitcoin Sidechain for Native DeFi Privacy
VerifiedX has officially introduced a decentralized "reliever chain" designed to bring programmable, privacy-preserving functionality to the Bitcoin network.Martha Grizzard
Japan’s SBI and Rakuten Plan Crypto Trusts as Rules Finalize
SBI Securities and Rakuten Securities have officially announced plans to introduce cryptocurrency investment trusts to their massive retail user bases.Craig Green
Senate Advances CLARITY Act: A New Era for U.S. Crypto Oversight
The Senate Banking Committee advanced the CLARITY Act on May 14, 2026 to establish a comprehensive federal framework for the digital asset industry.
TRC20-USDT Circulation Soars to 89.3 Billion Record on TRON
The circulation of TRC20-USDT has officially ascended to a historic peak of 89.3 billion tokens, fundamentally expanding the liquidity threshold of the decentralized financial landscape.Hallie Gill
21Shares Debuts First Canton Network ETF (TCAN) on Nasdaq
The TCAN ETF provides the first U.S.-listed gateway to Canton Coin (CC), the native utility token of the Canton Network.Martha Grizzard
Top
View more- 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
- 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
- 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
- 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
- 5CZ: compared with the record high nine months ago, the current situation of the industry is much better
Top Gainers
View more | |
 | |
 | |
 | |
 |
Top Trending
View more | |
 | |
 | |
 | |
|
Recently added
View more | |
 | |
 | |
 | |
 |
Learn
View more- 1What is the MSX X Card? Understanding the New Crypto Card
- 2How Does The SpaceX IPO Impact Crypto? Are Traders Selling Bitcoin for SpaceX?
- 3What is Bitwise Hyperliquid ETF? How Does BHYP Work?
- 4What is PaperTrade on HyperEVM? Is Zero Funding Real?
- 5What Is Circle Arc? How Does the New USDC Blockchain Work?