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#1 BleepingComputer general February 28, 2026 at 15:17 UTC

$4.8M in crypto stolen after Korean tax agency exposes wallet seed

By Bill Toulas

AI Summary

South Korea's National Tax Service accidentally exposed a cryptocurrency wallet's mnemonic recovery phrase in an official press release, allowing hackers to steal 6.4 billion won ($4.8 million) worth of cryptocurrency from the seized wallet. This demonstrates how government agencies handling crypto assets can become high-value targets when operational security fails.

Read full article → https://www.bleepingcomputer.com/news/security/48m…

Relevance score: 95.0/100

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