Upbit Operator Dunamu Wins South Korea Police Crypto Custody Contract

TLDR

• Dunamu wins a one-year deal to safeguard crypto seized by South Korean police.
• Upbit Custody will manage confiscated digital assets under round-the-clock controls.
• Cold wallets and multi-signature tools will secure assets held for police cases.
• Bitcoin losses increased pressure for stronger police crypto custody controls.
• South Korea shifts seized crypto storage to Dunamu after a competitive public tender.

South Korea’s National Police Agency has chosen Dunamu to manage digital assets seized during criminal investigations. The Upbit operator secured a one-year contract through the government’s competitive public procurement process. The agreement strengthens police crypto custody after earlier asset losses raised concerns over security controls.

Dunamu Secures One-Year Police Crypto Custody Deal

Dunamu won the project through an open tender managed by South Korea’s Public Procurement Service. The company received the highest technical score and became the preferred negotiating bidder on July 8. Subsequent technical negotiations cleared the final procurement stage and confirmed Dunamu as the contractor.

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