#SouthKoreaSeizedBTCLoss
🚨 **$48 MILLION GONE IN A CLICK** 🚨
South Korea just lost **$48M worth of seized Bitcoin** after a government employee fell for a **phishing scam** 😬
💻 A fake website
🔑 Compromised wallet credentials
💰 **70 billion won in BTC vanished**
The breach was uncovered during a routine audit at the **Gwangju District Prosecutors’ Office**, exposing serious flaws in how governments secure seized crypto assets.
This isn’t just a loss — it’s a **wake-up call** 🔔
Even “offline” crypto storage isn’t immune, and the incident raises big questions about **digital asset custody, security protocols, and regulation** worldwide.
🔍 Investigations are ongoing to trace the missing BTC
📉 Markets are watching closely
⚖️ Regulators may be forced to rethink how seized crypto is protected
**If governments can lose Bitcoin… who’s really safe?**
#SouthKoreaSeizedBTCLoss #CryptoSecurity #phishingattack #BlockchainNews
