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Aug 7, 2026

Dunamu Wins Contract to Custody Seized Cryptocurrency for South Korean National Police Agency

Dunamu, the parent company of Upbit cryptocurrency exchange, has secured a one-year contract to take custody of digital assets seized by South Korea's National Police Agency after winning the agency's public tender process.

Aug 7, 2026·1 source

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Top claims

▪The National Police Agency rejected industry concerns that the tender requirements, such as immediate custody and full hacking compensation, unfairly favored large operators.
▪South Korean authorities moved to outsource custody responsibilities to external institutions following unauthorized transfers of seized cryptocurrencies from police storage.
▪Dunamu will store and manage the seized cryptocurrencies through Upbit Custody using 100% offline cold wallets isolated from the public internet.

Topics

Crypto exchanges Crypto regulation Crypto custody regulation

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