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South Korean Authorities Accidentally Hand Hackers $4.8M in Crypto

UnknownFeb 27, 2026(about 1 month ago)

South Korean National Tax Service accidentally exposed a crypto wallet's recovery key, leading to a $4.8 million theft.

Kenrodgers Fabian reports: A security blunder hit South Korea as the National Tax Service accidentally exposed a crypto wallet’s recovery key, leading to a $4.8 million theft. The incident happened when the tax authority published a press release photo showing the mnemonic phrase for a seized wallet. This phrase, essentially the master password for virtual... Source

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