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SouthKoreaSeizedBTCLoss
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🚨 SOUTH KOREA LOSES $48M SEIZED BITCOIN TO PHISHING SCAM 😱
South Korean prosecutors are investigating the disappearance of approximately $48 million in seized Bitcoin, stolen via a phishing attack. An employee accessed a fraudulent website, compromising the wallet password stored on a USB drive, allowing unauthorized access and transfer of funds.
The incident highlights concerns about government asset management and digital security practices. Phishing scams are increasingly common, with Chainalysis reporting $17 billion drained from victims in 2025.
#SouthKoreaSeizedBTCLoss
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