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#7 Schneier on Security threat-intel March 17, 2026 at 10:01 UTC

South Korean Police Accidentally Post Cryptocurrency Wallet Password

By Bruce Schneier

AI Summary

South Korean National Tax Service accidentally exposed the mnemonic recovery phrase of a seized Ledger wallet, resulting in theft of $4.4 million from 8.1 billion won worth of confiscated cryptocurrency assets. This incident demonstrates how operational security failures can compromise law enforcement cryptocurrency seizures.

Read full article → https://www.schneier.com/blog/archives/2026/03/sou…

Relevance score: 80.0/100

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