South Korea Loses $48M in Seized Bitcoin to Phishing Scam: Report
According to reports, South Korean prosecutors have discovered that approximately $48 million in seized Bitcoin is missing. The loss was reportedly discovered during a routine inspection of seized financial assets. The report highlights the risks associated with storing and managing digital assets, particularly in the context of law enforcement and asset recovery. The incident raises questions about the security protocols in place for seized cryptocurrencies and the potential vulnerabilities that can be exploited by malicious actors.
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