South Korea’s National Police Agency has begun transferring cryptocurrencies seized during criminal investigations to Dunamu’s Upbit Custody service under a nationwide overhaul of how police departments store and manage digital assets.
Summary
- South Korea’s National Police Agency has begun transferring seized cryptocurrencies to Upbit Custody after several incidents involving missing Bitcoin held by law enforcement authorities.
- Under the new arrangement, seized assets will be stored in offline cold wallets, with Upbit providing round the clock technical support and covering 100% of any custody losses.
- The nationwide rollout follows Dunamu’s selection as the police…
