Police launch preliminary probe into theft of coins seized by the National Tax Service

Source
Korea Economic Daily

Summary

  • Police said they have begun a pre-indictment inquiry (preliminary probe) into a case involving the theft of coins seized by the National Tax Service (NTS).
  • They reported that after the NTS disclosed a photo of a cold-wallet “mnemonic,” claims emerged that virtual assets worth about 6.9 billion won had been stolen.
  • Police said they launched the preliminary probe immediately upon receiving the case due to its seriousness and will proceed with the investigation swiftly.

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Police have launched an investigation into a case in which the National Tax Service (NTS) had coins seized and stolen.

On the 28th, the National Police Agency’s Cyber Terror Response Division said it had received a request for investigation from the NTS the previous day and begun a pre-indictment inquiry (preliminary probe) into the case.

Earlier, on the 26th, the NTS distributed a press release promoting efforts to collect delinquent taxes and disclosed a photo of a “mnemonic” used as the master key for a virtual-asset cold wallet. After that, claims emerged that $4.8 million worth of virtual assets—about 6.9 billion won—had been stolen.

Police said, “Given the seriousness of the matter, we began a preliminary probe immediately upon receipt,” adding, “We will proceed with the investigation swiftly.”

Yonghyun Shin, Hankyung.com reporter yonghyun@hankyung.com

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Korea Economic Daily

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