Deep Tide TechFlow News, on February 27, according to Cointelegraph, South Korean police arrested two suspects in a case involving the theft of 22 Bitcoins (worth approximately $140 million). These Bitcoins were originally seized by the police in November 2021 from a hacking incident at an exchange, but the police violated regulations by storing them in a cold wallet controlled by a third party, and the police themselves did not hold the wallet's mnemonic phrase.

It is reported that the wallet's mnemonic phrase was later handed over to a person named "Mr. Jeong" as part of a loan agreement. The case was not discovered until four years later, during an audit of another case involving the disappearance of 320 Bitcoins from the Gwangju District Prosecutor's Office nationwide.