South Korean prosecutors suspect phishing in loss of seized Bitcoin

South Korean prosecutors believe a phishing attack is the likely cause for the loss of seized Bitcoin worth tens of billions of won, Segye Ilbo reported. The cryptocurrency was reportedly stored and managed on a hardware wallet. According to the prosecutors' explanation, this suggests a security key may have been compromised when someone connected the wallet to a device and accessed a phishing site. As the seized assets were under shared management, the possibility of an intentional theft by an insider is also being considered.