Four individuals have been apprehended in Seoul for allegedly stealing ₩5.9 billion worth of Bitcoin. According to Kyonghyang Shinmun, the suspects deceived victims with promises of secure cryptocurrency storage, ultimately obtaining the recovery passphrase (mnemonic code) to a virtual asset wallet. The Seoul Metropolitan Police Agency stated that two primary suspects, who falsely claimed a method to "safely store virtual assets," defrauded a victim of 45 Bitcoins. These individuals have been forwarded to the prosecution, while two accomplices are currently under investigation without detention. Authorities successfully identified the suspects after a 10-month investigation, leveraging blockchain analysis techniques to track their virtual asset laundering activities. This arrest highlights the ongoing challenges in securing cryptocurrency assets and the importance of safeguarding recovery passphrases. Law enforcement continues to prioritize investigations into virtual asset crimes to protect investors. ```

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