South Korea's Deputy Prime Minister and Minister of Economy and Finance, Choo Kyung-ho, announced an urgent review of the management status of digital assets held by the government and public institutions through enforcement measures like seizures. He pledged to take swift action to strengthen digital asset security and prevent similar incidents from happening again. This promise comes after several recent high-profile mishaps: 22 Bitcoin (valued at approximately $1.4 million at the time) seized by Seoul's Gangnam District police in 2022 were lost due to failure to retain private keys and reliance on third-party custody; two suspects have been arrested, and prosecutors are investigating potential bribery; a Bithumb system error mistakenly credited user accounts with approximately $40 billion worth of Bitcoin, which regulators failed to detect. The Ministry of Finance emphasized that the state does not own digital assets beyond those seized through enforcement actions. The review will be conducted in collaboration with agencies like the Financial Services Commission and the Financial Supervisory Service, though specific new security measures were not disclosed. (Decrypt) https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57413