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Suspects Arrested After South Korean Police Mishandle $1.4 Million in Bitcoin: Report

#Law and Order

South Korean police reportedly failed to follow procedure. This led to the loss of $1.4 million in confiscated Bitcoin.

Decrypt News Law and Order Suspects Arrested After South Korean Police Mishandle $1. 4 Million in Bitcoin: Report Police in South Korea didn't follow proper procedures and lost $1. 4 million worth of confiscated Bitcoin, according to a local news report. By Logan Hitchcock Edited by Andrew Hayward Feb 27, 2026 Feb 27, 2026 3 min read Man in handcuffs. Source: Shutterstock/Decrypt Create an account to save your articles. Add on Google Add Decrypt as your preferred source to see more of our stories on Google. In brief Police in South Korea's capital lost access to 22 Bitcoin, or around $1. 4 million worth at today's prices.

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Suspects Arrested After South Korean Police Mishandle $1.4 Million in Bitcoin: Report