South Korean police arrested two suspects for allegedly stealing 22 Bitcoins as evidence.

PANews reported on February 25th that, according to The Block, the Gyeonggi North Provincial Police Agency in South Korea arrested two suspects on February 25th, 2026, for allegedly stealing 22 bitcoins from the Gangnam Police Station's evidence vault. These bitcoins were initially seized in November 2021 during the investigation of the "A Coin Foundation" hack. The investigation revealed that because the police did not store the assets in an officially regulated hardware wallet at the time, but instead used a cold wallet provided by the foundation, the suspects were able to illegally transfer the assets via telecommunications networks using mnemonic phrases. Currently, the bitcoins, valued at approximately $1.5 million, have not been recovered. Furthermore, the former police officer who handled the case was sentenced to 18 months in prison in August 2024 for accepting bribes from the foundation.