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#south-korea News & Analysis

182 articles tagged with #south-korea. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

182 articles
CryptoBearishCrypto Briefing · Mar 76/10
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South Korea moves to exclude USDT, USDC from corporate crypto investment rules

South Korea is moving to exclude major stablecoins USDT and USDC from corporate cryptocurrency investment rules. This regulatory exclusion could limit market growth and innovation within South Korea's corporate crypto sector and may have broader implications for global cryptocurrency market dynamics.

South Korea moves to exclude USDT, USDC from corporate crypto investment rules
CryptoBearishProtos · Mar 56/10
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Crypto leaked by South Korean tax officials stolen a second time

A $5 million cryptocurrency theft involving South Korean tax officials resulted in an unusual double heist. The original thief confessed to police and returned the stolen funds, but the cryptocurrency was subsequently stolen again by another party.

Crypto leaked by South Korean tax officials stolen a second time
CryptoNeutralDL News · Mar 56/10
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‘Dead’ South Korean crypto fraudster resurfaces and pays back victims

A South Korean cryptocurrency fraudster who was previously declared dead has unexpectedly resurfaced and repaid the majority of his victims. This unusual development highlights ongoing issues with crypto fraud cases and the complexities of tracking perpetrators in the digital asset space.

‘Dead’ South Korean crypto fraudster resurfaces and pays back victims
CryptoBearishDL News · Mar 46/102
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Cop gets six-year prison sentence for taking $90,000 in crypto-linked bribes

A South Korean police officer received a six-year prison sentence for accepting approximately $90,000 in cryptocurrency-related bribes from suspects involved in gambling and crypto investment fraud. This case highlights ongoing corruption issues within law enforcement related to cryptocurrency crimes.

Cop gets six-year prison sentence for taking $90,000 in crypto-linked bribes
CryptoBearishDL News · Mar 27/106
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South Korean government leak crypto wallet seed phrases — $5m vanishes

South Korean tax officials accidentally published a tax evasion suspect's cryptocurrency wallet seed phrases online, resulting in a theft of up to $5 million worth of cryptocurrency. This incident highlights critical security vulnerabilities in government handling of sensitive crypto-related information.

South Korean government leak crypto wallet seed phrases — $5m vanishes
CryptoBearishBeInCrypto · Mar 27/105
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S.Korea’s Tax Agency Leaked Crypto Master Key — and Got Robbed Twice

South Korea's National Tax Service suffered a major security breach after leaking a private key, resulting in hackers stealing 4 million seized PRTG tokens worth approximately $4.8 million in two consecutive thefts. The incident highlights serious concerns about government agencies' ability to securely manage confiscated digital assets.

S.Korea’s Tax Agency Leaked Crypto Master Key — and Got Robbed Twice
CryptoBearishCoinTelegraph · Mar 27/107
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South Korea orders cross-agency probe after repeated crypto custody failures

South Korea's Deputy Prime Minister ordered a cross-agency investigation into cryptocurrency custody procedures after the National Tax Service accidentally exposed a seed phrase in a public press release. The incident highlights ongoing failures in the government's handling of seized crypto wallets.

South Korea orders cross-agency probe after repeated crypto custody failures
CryptoBearishDecrypt – AI · Mar 27/109
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Finance Minister Pledges Reform After Crypto Handling Failure in Korea

South Korea's Finance Minister has pledged reforms following failures in handling seized cryptocurrency assets. The commitment comes after custody lapses exposed significant weaknesses in how Korean authorities secure confiscated crypto holdings.

Finance Minister Pledges Reform After Crypto Handling Failure in Korea
CryptoBearishBitcoinist · Feb 287/1010
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Seized Crypto Stolen As South Korea’s Tax Authority Leaks Private Key

South Korea's National Tax Service accidentally leaked a full cryptocurrency wallet seed phrase in an official press release, resulting in the theft of seized crypto assets. The security breach occurred when the sensitive information was photographed and distributed publicly without detection.

$BTC
CryptoBearishCoinTelegraph · Feb 276/107
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Two arrested after South Korean police lost $1.4M in Bitcoin

South Korean police lost $1.4 million in Bitcoin that they had seized in 2021, storing it in a third-party wallet that was later accessed by unauthorized parties. Two individuals have been arrested in connection with the incident, which went undiscovered for four years.

Two arrested after South Korean police lost $1.4M in Bitcoin
$BTC
CryptoBearishDL News · Feb 266/105
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Revealed: How South Korean police lost $1.4m worth of Bitcoin

South Korean police lost $1.4 million worth of Bitcoin due to improper custody practices, using an unnamed third-party wallet instead of following official guidelines that had been issued two months earlier. This incident highlights ongoing security and procedural challenges faced by law enforcement agencies when handling seized cryptocurrency assets.

$BTC
CryptoNeutralDL News · Feb 226/105
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Prosecutors recover $22 million worth of lost Bitcoin

South Korean prosecutors have successfully recovered $22 million worth of Bitcoin that was previously lost to phishing site operators. This represents a significant recovery of stolen cryptocurrency assets through law enforcement action.

$BTC
CryptoBearishDL News · Feb 166/107
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Police lose $2m in Bitcoin: Experts call on law enforcers to overhaul security

South Korean police lost $1.8 million worth of Bitcoin due to security failures in their cryptocurrency management systems. Security experts are now calling for law enforcement agencies to completely overhaul their crypto custody and management procedures to prevent future losses.

$BTC
CryptoNeutralThe Block · Jun 85/10
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Bitcoin reclaims $63,000 in ‘oversold relief rally’; South Korea’s KOSPI plunges 8%

Bitcoin recovered to $63,000 amid an 'oversold relief rally' following South Korea's KOSPI stock index plunging 8%. According to Presto's Min Jung, while the Korean market crash may have provided some tailwind for bitcoin's recovery, the impact was not substantial, suggesting broader market dynamics drove the cryptocurrency's rebound.

Bitcoin reclaims $63,000 in ‘oversold relief rally’; South Korea’s KOSPI plunges 8%
$BTC
AIBullishBlockonomi · Jun 15/10
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LG Electronics (066570.KS) Soars 30% Amid Nvidia Collaboration Rumors

LG Electronics stock surged 30% to record highs following speculation about a potential Nvidia collaboration, reportedly triggered by rumors that Nvidia CEO Jensen Huang may visit Seoul for AI partnership discussions. The rally reflects investor optimism about LG's positioning in the AI hardware and chip manufacturing sectors.

🏢 Nvidia
CryptoBullishDL News · Mar 175/10
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Middle-aged traders fuel XRP trading boom as price seen to climb

Middle-aged South Korean retail investors are driving a surge in XRP trading activity, with analysts describing the buying behavior as explosive. This demographic shift in trading patterns is contributing to expectations of XRP price appreciation.

Middle-aged traders fuel XRP trading boom as price seen to climb
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CryptoNeutralCoinTelegraph · Mar 175/10
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South Korea police draft crypto seizure rules after custody lapses: Report

South Korean police are developing new cryptocurrency seizure rules and custody procedures following previous lapses in handling confiscated digital assets. According to local media, authorities plan to select a private custody provider by the first half of 2026 to improve their crypto asset management capabilities.

South Korea police draft crypto seizure rules after custody lapses: Report
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