Hunt Continues as Custody Lapses Raise New Concerns

[cryptoenthusiast]

Despite the recovery, authorities say the investigation is far from over. Prosecutors told local media they will continue pursuing the suspect and are examining phishing sites and malicious domains linked to the breach, vowing to arrest those responsible regardless of the returned assets.

The case adds to growing scrutiny over how South Korean agencies safeguard seized cryptocurrency. Just days earlier, 22 BTC reportedly vanished from a police cold wallet in Seoul, prompting a separate probe by the Gyeonggi Northern Provincial Police Agency. With multiple custody failures surfacing in a short span, questions are mounting about the country’s digital-asset security standards and oversight controls.

[nihalsari]

“Funds were returned” but we’re still investigating is basically the blockchain version of “we’re not mad, we’re just disappointed.”