South Korean tax agency launches task force after 6B won crypto theft

South Korea's National Tax Service (NTS) is launching a task force to improve its management of virtual assets, Money Today reported. The move is intended to prevent the recurrence of security breaches. At a briefing before the National Assembly's Finance and Economy Planning Committee on March 11, NTS Deputy Commissioner Lee Seong-jin said the task force would thoroughly analyze the cause of recent problems and establish comprehensive prevention measures to ensure such incidents do not happen again. The decision follows a recent event on Feb. 26, when the NTS inadvertently exposed sensitive information in a press release publicizing the seizure of crypto from high-value delinquent taxpayers. The leak led to the theft of coins worth around 6 billion won.