#SouthKoreaSeizedBTCLoss

$BTC

🚹 **$48 MILLION GONE IN A CLICK** 🚹

South Korea just lost **$48M worth of seized Bitcoin** after a government employee fell for a **phishing scam** 😬

đŸ’» 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