South Korea's Tax Authority Accidentally Revealed Wallet Recovery Phrase, Potentially Stealing $4.8 Million in Crypto Assets
The National Tax Service of South Korea published a photo of a seized Ledger hardware wallet, on which the recovery mnemonic phrase was fully visible. According to Etherscan, on the morning of February 27, three transactions transferred approximately 4 million PRTG tokens to unknown addresses from this wallet, after a small amount of ETH was received for fees. The total withdrawal was estimated at $4.8 million, and experts criticized the agency for a gross mistake in handling digital assets.
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South Korea's Tax Authority Accidentally Revealed Wallet Recovery Phrase, Potentially Stealing $4.8 Million in Crypto Assets
The National Tax Service of South Korea published a photo of a seized Ledger hardware wallet, on which the recovery mnemonic phrase was fully visible. According to Etherscan, on the morning of February 27, three transactions transferred approximately 4 million PRTG tokens to unknown addresses from this wallet, after a small amount of ETH was received for fees. The total withdrawal was estimated at $4.8 million, and experts criticized the agency for a gross mistake in handling digital assets.