Korean prosecutors deny inside job in loss of $29M in seized BTC

South Korean prosecutors are denying any internal involvement in the loss of seized Bitcoin worth approximately 40 billion won ($29 million), Edaily reported. The Gwangju District Prosecutors' Office has launched an internal inspection into five of its investigators regarding the incident. The investigators, who were responsible for managing seized assets, reportedly lost 320 BTC after accessing a phishing site during a work handover last August. Prosecutors claim the theft was perpetrated by an external party and that there is currently no evidence of collusion from within the office.