South Korean prosecutors recover 320.78 BTC, transfer to Upbit wallet

South Korean prosecutors have recovered 320.78 BTC that were previously lost, transferring the funds to a wallet believed to belong to the South Korean exchange Upbit, Digital Asset reported. The transfer, which involved most of the originally missing 320.88 BTC, took place two days after Feb. 17. According to the report, an analysis of the wallets associated with the Gwangju District Prosecutors' Office showed that the 320.78 BTC began moving at 4:51 a.m. UTC today. The funds were then sent to an address presumed to be an Upbit cold wallet starting at 5:26 a.m. UTC. The move to an exchange with strict Know Your Customer (KYC) protocols suggests that prosecutors have successfully secured the assets.