South Korea Extradites Alleged Mastermind of ₩1.7B Crypto Heist from Lithuania

Published at 2025-12-28 14:00:08

South Korean prosecutors confirmed they have taken custody of a 29‑year‑old Lithuanian national accused of stealing roughly 1.7 billion won (about $1.8 million) in digital assets by covertly modifying cryptocurrency wallet addresses. Investigators allege the suspect used address‑altering malware to replace intended recipient addresses on victims' devices, redirecting funds into wallets under his control. The extradition followed cooperation with Lithuanian authorities and a cross‑border probe.

The case underscores persistent endpoint risks—clipboard and browser‑based malware that manipulate human routing of crypto payments—and the growing trend of international law enforcement collaboration on digital asset theft. Prosecutors have not yet disclosed formal charges or a trial date; authorities say they are contacting victims and tracing funds as part of recovery and evidence efforts. The incident may increase pressure for stronger endpoint security and improved on‑chain tracking tools in the crypto industry.

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