South Korea Sells $21.5M in Recovered Bitcoin After Custody Breach

2026-03-10 20:26 CryptoBreaking

In South Korea, authorities have recovered and liquidated a tranche of cryptocurrency seized in a phishing-linked custody incident, while prosecutors signal a broader shift in how crypto losses are treated in debt-restructuring cases. The Gwangju District Prosecutors’ Office disclosed that 320.8 Bitcoin were sold at prevailing market prices, yielding roughly 31.59 billion won (about $21.5 [...]

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