South Korean Police Lose Seized Crypto By Posting Password Online
South Korean National Tax Service lost seized crypto assets by posting the password online, resulting in the loss of approximately $5.6 million.
Kyle Torpey reports: South Korea’s National Tax Service seized crypto assets during recent enforcement actions against 124 high-value tax evaders, but now, a large chunk of that crypto cash has been lost. The operation originally resulted in the confiscation of crypto holdings worth about 8.1 billion won, or roughly $5.6 million. However, officials later issued... Source
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