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South Korean Police Lose 22 Bitcoin From Cold Wallet in Gangnam Evidence Case

South Korean authorities have confirmed that 22 bitcoin, worth about $1.5 million, vanished from a cold wallet held by the Seoul Gangnam Police Station in a 2021 financial crime case. Another Crypto Custody Failure Hits South Korean Authorities According to local reporting, the bitcoin had been voluntarily surrendered in November 2021 during a virtual asset […] Also read: Bitcoin Bulls Surge to $69K as Retail Traders Push Short Positions