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Bitcoin Seized by Seoul Police Vanishes After Internal Audit

Bitcoin Seized by Seoul Police Vanishes After Internal Audit

South Korean authorities are investigating the unauthorized transfer of 22 Bitcoin previously held in cold storage at Seoul’s Gangnam Police Station. The disappearance, valued at approximately $1.45–$1.6 million based on Feb. 13 market prices near $66,000–$68,000 per Bitcoin was uncovered during a nationwide audit of seized digital assets.

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