South Korea is facing growing criticism after reports revealed that government-seized
Bitcoin assets were sold too early, resulting in a massive opportunity loss.
Authorities had confiscated BTC from illegal activities years ago, but instead of holding it, the assets were liquidated at much lower prices. Since then, Bitcoin has surged significantly, meaning the seized BTC would now be worth multiple times more if held until today.
This incident has sparked debate about:
❗ Poor crypto asset management
❗ Lack of long-term strategy by governments
❗ Missed gains worth hundreds of millions of dollars
The case highlights how traditional institutions still struggle to understand Bitcoin’s long-term value, while reinforcing the narrative that BTC rewards patience over panic selling.
Many in the crypto community now see this as another example of why Bitcoin favors holders, not forced sellers.
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