## KDIC Targets Virtual Asset Recovery from Insolvent Individuals The Korea Deposit Insurance Corporation (KDIC) is actively pursuing the recovery of virtual assets hidden by individuals involved in insolvency cases. They've identified approximately 330 individuals possessing such assets and are taking steps to reclaim them. ## Streamlining Asset Recovery with Corporate Accounts To enhance efficiency, the KDIC will establish corporate real-name accounts under the names of bankruptcy estates at virtual asset exchanges and affiliated banks. This move aims to simplify the process of recovering concealed virtual assets. ## Expanding Investigations to New Digital Assets The KDIC plans to broaden its investigations this year, targeting not only traditional cryptocurrencies but also new digital assets like Security Token Offerings (STOs) and fractional investment tokens. This comprehensive approach reflects the evolving landscape of asset concealment and the KDIC's commitment to eradicating such practices. The KDIC's actions send a strong message against hiding assets during insolvency proceedings. ```