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South Korea tax agency moves to outsource seized crypto custody after security lapse – TON BOT

South Korea tax agency moves to outsource seized crypto custody after security lapse

South Korea’s National Tax Service is looking to appoint a private custodian for seized crypto assets following a security breach that led to $4.8 million in unauthorized transfers. The agency will evaluate providers based on security standards, company size, and insurance coverage under the Virtual Asset User Protection Act.


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