Bitcoin Losses in South Korean Police Stations Raise Security Concerns

South Korean police have reported the disappearance of nearly $2 million in Bitcoin stored on USB drives within a police station. According to NS3.AI, this incident has prompted security experts to call for enhanced management of crypto assets. The situation follows another case in Gwangju, where prosecutors acknowledged losing $28 million in Bitcoin due to a phishing scam. Investigations are underway, suggesting potential insider involvement and underscoring significant vulnerabilities in law enforcement's handling of digital assets.