South Korea Lost $4.8M in Seized Crypto, By Leaking the Seed Phrase in a Press Photo!
South Korea's National Tax Service accidentally published an unblurred photo showing a Ledger wallet AND its handwritten seed phrase in an official press release.
Within hours, someone drained 4 million PRTG tokens (~$4.8M) from the wallet.
This is the 3rd crypto custody failure by Korean authorities since January:
🔴 $21M in
$BTC lost via phishing at Gwangju Prosecutors' Office
🔴 22 BTC (~$1.4M) vanished from Gangnam Police custody
🔴 $4.8M drained after NTS leaked the seed phrase publicly
Deputy PM Koo Yu