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The Korean prosecutors are investigating a large amount of Bitcoin that went missing during a criminal case seizure. Preliminary assessments suggest that the loss may have been caused by a phishing attack during storage. The Gwangju District Prosecutors' Office, which has previously handled large-scale cryptocurrency seizure cases, refused to disclose the specific value of the missing Bitcoin. The investigation stems from a 2018 ruling by South Korea's Supreme Court, which classified cryptocurrencies as intangible assets subject to confiscation. In December 2023, the South Korean Supreme Court issued another ruling on the confiscation of Bitcoin from centralized exchanges, further solidifying this legal framework.