South Korea's Deputy Prime Minister Koo Yun-cheol has ordered a cross-agency review of seized crypto wallets. This action follows an incident where the National Tax Service inadvertently exposed a seed phrase in a press release. The inter-agency probe aims to address repeated failures in crypto custody practices within the country. The development highlights growing concerns around the secure management of digital assets seized by government agencies and the need for improved protocols to prevent future incidents.

South Korea's Deputy Prime Minister Koo Yun-cheol has ordered a cross-agency review of seized crypto wallets. This action follows an incident where the National Tax Service inadvertently exposed a seed phrase in a press release. The inter-agency probe aims to address repeated failures in crypto custody practices within the country. The development highlights growing concerns around the secure management of digital assets seized by government agencies and the need for improved protocols to prevent future incidents.