CHT Trading Calls

🔥 BREAKING: South Korea Loses ~$48M in Seized Bitcoin! 🚨💸 📉 South Korea’s Gwangju District Prosecutors’ Office has reportedly lost $47.7M) worth of seized Bitcoin ($BTC ) 🪙 that was being held as criminal evidence. Authorities now believe a phishing attack 🎣 may be responsible. 🕵️ What Happened? During a routine audit 🔍 of confiscated crypto assets, officials discovered that a significant portion of seized $BTC was no longer in custody ❌ Investigators suspect an internal employee may have visited a fake website, unintentionally exposing access credentials 🔓 — allowing attackers to drain the funds. ⚠️ Why This Matters: • 🏛️ This was government-held Bitcoin, not a retail investor loss — extremely rare • 🔐 Raises serious concerns about institutional custody & private key security • 🌍 Could trigger global reviews of crypto seizure and storage protocols as enforcement expands 📌 Key Takeaway: If even state authorities can fall victim to phishing attacks… 🛡️ Crypto security discipline is non-negotiable — no matter who holds the keys. 💬 Your Take: Would you trust governments to safely custody seized crypto? 🤔 👇 Drop your thoughts below. #BTC | #bitcoin | #CryptoSecurity |#SouthKoreaSeizedBTCLoss | #SoulThunder