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South Korean police officer reviewing cryptocurrency seizure guidelines on a digital tablet.

South Korea Police Draft Crypto Seizure Rules After Lapses

March 18, 2026 Jackson Miller

SEOUL — South Korea’s National Police Agency (KNPA) has drafted new operational guidelines for handling seized cryptocurrencies, including privacy-focused tokens, following several high-profile incidents where digital assets were lost or mishandled while in government custody. New Directive Aims to Standardize Evidence Handling According to a report by local media outlet Asiae, the KNPA completed a […]

South Korean police badge and hacked USB drive representing the $1.5M Bitcoin custody breach.

Shocking: South Korean Police Lose $1.5M in Seized Bitcoin During Custody Audit

February 14, 2026 Jackson Miller

Seoul, South Korea – March 2026: In a stunning breach of digital asset security, South Korean police have confirmed the loss of 22 Bitcoin, valued at approximately $1.45 million, from their custody. The shocking incident occurred during a routine 2026 digital asset audit at the Gangnam Police Station in Seoul, revealing that the seized cryptocurrency […]