Cryptopolitan on MSN
South Korea shifts to private crypto custody after costly security failures and asset losses
South Korea’s National Tax Service (NTS) plans to hire professional private custodians to store the digital assets seized from criminal proceedings. The decision to switch from self-custody to private ...
Someone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea’s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet. The ...
Firm withdrew Bitcoin from domestic custodian; sent coins to Binance, Bybit, and others. Overseas exchanges are safer than ...
South Korea’s NTS is planning private custody for seized crypto after a $4.8M loss, pushing crypto custody reform and tighter security.
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