The Korea Police Service selected the Upbit parent company to hold and seize virtual assets for a period of one year

According to information received on 7 August, according to Digital Asset, the Korea Police Office selected the Upbit parent company Dunamu, through a public tender, to take custody of the seized virtual assets for a period of one year. The seized digital assets will be managed through the digital asset hosting service Upbit Custody, which will result in real-time response to the control infrastructure within 365 days, as well as its custody and management. The service uses 100% off-line cold wallets, all-weather surveillance, and introduces MPC, DKG multiple key management and multiple signature techniques to safeguard asset isolation and security。