Gwangju Prosecutors' Office in South Korea is suspected of losing thousands of billions of Korean won worth of Bitcoin seized, and an internal investigation is currently underway.

PANews January 25 News, according to Korean media Ohmy News, the Gwangju District Prosecutors Office in South Korea recently reportedly lost a large amount of Bitcoin that was seized and stored during criminal investigations. The exact quantity of the lost Bitcoin has not been disclosed, but it is understood to be worth several hundred billion Korean won. The prosecution is conducting an internal investigation. The Gwangju District Prosecutors Office discovered the loss during a routine check to see if there were any anomalies in the financial assets seized. At that time, they were inspecting the passwords related to Bitcoin stored on portable storage devices (U disks). A prosecutor stated, “We understand that the incident occurred during a routine check of the seized Bitcoin, when an inadvertent access was made to a so-called ‘fake (scam) website’. Internal discussions within the prosecution suggest that the lost Bitcoin is valued at up to 70 billion Korean won.” An official from the Gwangju District Prosecutors Office responded to media inquiries by saying, “We cannot confirm this matter.”