#SouthKoreaSeizedBTCLoss

🚨 *$48M Bitcoin Heist Rocks South Korea* 🚨

A phishing scam has resulted in the loss of approximately $48 million in seized Bitcoin from South Korea. The incident highlights the importance of robust security protocols and employee training.

*What Happened:*

- A government employee fell victim to a fake website, compromising wallet credentials.

- ~70 billion won in BTC was lost due to human error.

*Regulatory Implications:*

- Authorities are racing to trace the missing BTC.

- Potential changes to custody standards for seized digital assets.

Stay safe, and stay informed! 💸

Follow for more Updates🙏🚀📊

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