The Gwangju Prosecutors' Office in South Korea has lost Bitcoin worth tens of billions of won and is conducting an internal investigation.

The Gwangju District Prosecutors' Office in South Korea recently confirmed the loss of a large amount of Bitcoin held in custody during a routine inspection of seized assets in criminal cases. While the exact amount lost has not been disclosed, sources within the prosecution agency revealed that the loss amounted to approximately 70 billion won, equivalent to about US$48.55 million. It is understood that the assets were lost due to a phishing website access error while managing the keys to the seized assets via a mobile storage device. The South Korean prosecution is currently conducting an internal investigation, and the Gwangju District Prosecutors' Office stated that it could not confirm the specific details.