🚨 $48 MILLION GONE IN A CLICK — SOUTH KOREA’S BITCOIN BLUNDER 🚨

#SouthKoreaSeizedBTCLoss South Korea has just suffered a staggering $48M loss in seized Bitcoin—and it didn’t happen through a hack on the blockchain. It happened through a phishing scam 😬

Here’s what went wrong 👇

💻 A fake website fooled a government employee

🔑 Wallet credentials were compromised

💰 ~70 billion won in BTC vanished—just like that

The breach surfaced during a routine audit at the Gwangju District Prosecutors’ Office, exposing uncomfortable truths about how state-held crypto is actually protected.

This isn’t just a financial loss—it’s a global wake-up call 🔔

“Offline” storage isn’t invincible.

Human error is still the weakest link.

And governments are not immune to basic crypto security failures.

🔍 Authorities are now racing to trace the missing BTC

📉 Markets are paying attention

⚖️ Regulators may be forced to rethink custody standards for seized digital assets

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

#CryptoSecurity #Bitcoin #PhishingAttack

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