South Korea Reviews Seized Crypto After Major Errors

The post South Korea Reviews Seized Crypto After Major Errors appeared first on Coinpedia Fintech NewsSouth Korea’s government has launched a high-level review of how seized digital assets are managed after two major mishaps exposed serious weaknesses. In 2022, police in Seoul’s Gangnam District lost track of 22 bitcoins, and crypto exchange Bithumb accidentally credited a user with $40 billion in bitcoin due to a technical error. Deputy Prime Minister ...