A man in his 40s has been arrested for the initial theft of virtual assets seized by the National Tax Service, while authorities investigate a second theft that occurred shortly thereafter.
In an investigation concerning the theft of virtual assets seized by South Korea's National Tax Service, authorities have identified and arrested the first suspect, a man in his 40s, who reportedly stole these assets after a mnemonic code was leaked in a press release. This theft occurred due to a loose internal protocol which showcased sensitive information, leading to the subsequent curiosity-driven theft by the suspect. Having turned himself in, he divulged that he returned the stolen assets the following day.
The police are now looking for a second suspect believed to have stolen the virtual assets after they were returned by the first thief. While initial assessments of the situation indicated a singular perpetrator, authorities have confirmed that they are still in the process of verifying the identity and existence of additional suspects involved in the second theft. The case emphasizes vulnerabilities in cyber security practices, particularly regarding sensitive data disclosure in public communications.
The amount of virtual assets involved in this case is reportedly around 4 million PRTG coins, valued at approximately $480,000. However, due to the low trading volume of these coins, the National Tax Service anticipates challenges in liquidating these assets easily. The police have stated that they are currently trying to recover the frozen virtual assets to address the theft and prevent further losses involved.
