Clueless cops post seized crypto wallet password. $5M quickly stolen
4 hours ago
- #tax-evasion
- #cryptocurrency
- #security-breach
- South Korean police mistakenly posted images revealing a crypto wallet's recovery phrase, leading to theft of $4.8 million in PRTG tokens.
- The press release included unredacted images of a Ledger device with a visible mnemonic phrase, allowing unauthorized access.
- A thief deposited ETH to cover transaction fees and transferred the stolen PRTG tokens in three transactions.
- The National Tax Service apologized for the leak and launched an investigation to trace and recover the stolen funds.