South Korea Considers External Custodian for Seized Cryptocurrency After Security Breach

South Korea's National Tax Service is evaluating the use of an external professional custodian for managing seized cryptocurrency following a security breach that led to the theft of approximately 6 billion won. According to NS3.AI, the incident transpired when the agency inadvertently disclosed a mnemonic code in a press release concerning virtual assets confiscated from high-value delinquent taxpayers. The National Assembly is currently assessing the agency's response to the breach, while law enforcement authorities are actively working to trace the stolen assets.