'Find Hidden Bitcoin Assets'... Korea Deposit Insurance Corporation Conducts Specialized Training in Cooperation with Prosecutors

The Korea Deposit Insurance Corporation conducted specialized training to strengthen capabilities in uncovering concealed assets and investigating accountability for insolvency in cooperation with the prosecution.

[Asia Economy Reporter Song Seung-seop] The Korea Deposit Insurance Corporation announced on the 23rd that it conducted specialized training on uncovering hidden assets and investigating responsibility for insolvency in cooperation with the prosecution.

The training included techniques for tracking virtual assets such as Bitcoin. An investigator from the Cyber Investigation Division of the Supreme Prosecutors' Office directly conducted the session under the theme "Concepts and Analysis of Blockchain and Virtual Assets."

A lecture on the Supreme Court's precedents regarding damage compensation lawsuits against insolvent financial companies was also held. Attorney Kim Dae-young gave a lecture focusing on cases about the liability of audit committee members of insolvent financial companies for damages.

The Korea Deposit Insurance Corporation has been operating an educational program to strengthen capabilities in cooperation with the prosecution since 2014. This year, to comply with COVID-19 quarantine guidelines, the training was conducted in a non-face-to-face format.

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