Hacker Returns 320.8 Stolen Bitcoins to South Korean Prosecutors, Worth ~$21.4 Million
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Hacker Returns 320.8 Stolen Bitcoins to South Korean Prosecutors, Worth ~$21.4 Million
According to The Block, in August last year, the Gwangju District Prosecutors’ Office in South Korea lost Bitcoin seized from a gambling platform after investigators mistakenly visited a phishing website and entered the recovery seed phrase—resulting in the theft of approximately 320.8 BTC (valued at roughly $21–29 million at the time). On February 18, the hacker returned all 320.8 BTC (worth approximately $21.4 million) to the prosecutors’ wallet. The funds were subsequently transferred to a domestic exchange for secure custody. The prosecutors froze transactions from the hacker’s wallet, making it difficult for the hacker to cash out—this may have been the primary reason for the return. The hacker’s identity remains unknown.
Navigating Web3 tides with focused insightsTechFlow News: On February 19, according to The Block, last August the Gwangju District Prosecutors’ Office in South Korea lost Bitcoin seized from a gambling platform—approximately 320.8 BTC (valued at roughly $21–29 million at the time)—after investigators mistakenly accessed a phishing website and entered their wallet recovery seed phrase.
On February 18, the hacker returned all 320.8 BTC (worth approximately $21.4 million) to the prosecutors’ wallet. Subsequently, these funds were transferred to a domestic exchange for secure custody. The prosecutors froze transactions from the hacker’s wallet, making it difficult for the hacker to liquidate the stolen assets—a likely key reason for the return. The hacker’s identity remains unknown.
