🚨 $48M Gone in a Click — South Korea’s Bitcoin Blunder 🚨

South Korea reportedly lost $48 million in seized Bitcoin — not to a hack, but a phishing scam 😬

💻 Fake website fooled a government employee

🔑 Wallet credentials compromised

💰 ~70 billion won in BTC vanished

The breach surfaced during an audit at the Gwangju District Prosecutors’ Office, exposing a harsh reality:

🔔 Cold storage isn’t invincible

⚠️ Human error is still the weakest link

🏛️ Governments aren’t immune to crypto security failures

🔍 Authorities are tracing the funds

⚖️ Custody standards may now face scrutiny

If governments can lose BTC to phishing… who’s really safe?

#bitcoin.” #CryptoSecurity #phishingattack $BTC

BTC

64,790.51

-9.24%