Why Did the Hacker Return $21.5 Million in Bitcoin to the Gwangju Prosecution?
The hacker's voluntary return of 320.8 BTC to South African authorities is a rare but logical development in the blockchain world. While the hacker's identity remains unknown, the reason for their "surrender" likely stems from total liquidity isolation. #Colecolen
When the Gwangju Prosecution collaborated with major exchanges to blacklist the associated wallet addresses, the stolen Bitcoin effectively became "dirty money" that could not circulate. With tightening KYC and AML regulations, converting a large amount of BTC into fiat without detection is an impossible task. The hacker realized that holding these assets only brought legal tracking risks without any economic benefit. This serves as a testament to how blockchain transparency can become a powerful weapon for asset recovery, provided there is timely coordination between regulators and centralized financial entities (CEXs). $BTC
