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The South Korean prosecution has recovered 320.8 stolen BTC, but the identity of the hacker remains unknown

2026-02-19 18:33:50
Collection

According to The Block, South Korean prosecutors have recovered approximately $21.4 million worth of Bitcoin (BTC) that was previously stolen from their custody last year.

In December last year, South Korean prosecutors discovered that the Bitcoin seized during a raid on a gambling platform had gone missing. An internal investigation revealed that in August this year, investigators accidentally accessed a phishing website and entered their recovery mnemonic, leading to the Bitcoin being stolen by hackers.

The hacker returned 320.8 BTC to a wallet controlled by South Korean law enforcement on Tuesday. Prosecutors stated that they had previously blocked the hacker's transactions on centralized exchanges, making it difficult for them to cash out the Bitcoin. The hacker's identity remains unknown. Prosecutors have transferred the returned Bitcoin to a local exchange for safekeeping and will continue to investigate the hacker's identity.

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