‼️ BREAKING | S. KOREAN POLICE LOSE SEIZED BTC 🇰🇷🟠

Seoul’s Gangnam Police reportedly lost 22 BTC (~$1.5M) that had been seized in a 2021 case.

📌 What happened:

• Funds were stored on a USB cold wallet

• The device was never reported stolen

• BTC was moved without detection

• Breach went unnoticed for years after the case was suspended

⚠️ Why it matters:

• Raises serious questions about custody & security protocols

• Highlights risks even with so-called “cold storage” solutions

• Underscores the importance of institutional-grade key management