South Korea's Gwangju District Prosecutors Sell 320 Bitcoins Recovered from Phishing Scam

2026/03/11 09:16
CoinPost
Written by L.Kikutani
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South Korea's Gwangju District Prosecutors Sell 320 Bitcoins Recovered from Phishing Scam

Approximately 3.5 Billion Yen Deposited into the National Treasury

According to multiple media reports including the Chosun Ilbo on the 10th, the Gwangju District Prosecutors Office in South Korea sold 320.8 BTC, which had been seized, at market price, resulting in approximately 3.5 billion yen being deposited into the national treasury. The sale took place from February 24 to March 6, 2026, over a period of 11 days. It was conducted in small batches to minimize market impact. The BTC sold originated from an illegal operation running from 2018 to 2021...

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MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30
Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more