South Korean authorities lose over $4.8 million in crypto after posting mnemonic recovery phrase online — stolen PRTG tokens part of funds seized by National Tax Service from high-value tax evaders

Wait 5 sec.

South Korea's National Tax Agency added a photo of a hardware wallet in a press release, which also listed its mnemonic seed phrase. This led to an unknown user using the code to recover the wallet and steal over US$4.8 million in crypto seized by the government.