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South Korean Police Lose Seized Crypto By Posting Password Online

UnknownMar 1, 2026(about 13 hours ago)

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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