Korean Tax Agency Seed Phrase Leak Leads to $4.8M Crypto Theft

South Korea’s National Tax Service lost $4.8 million in seized cryptocurrency assets on February 28, 2026. A public press release exposed the mnemonic recovery phrase of a Ledger hardware wallet. Thieves quickly drained 4 million Pre-Retogeum (PRTG) tokens from the wallet. Authorities raided 124 high-value tax evaders and confiscated digital assets worth 8.1 billion won, […] The post Korean Tax Agency Seed Phrase Leak Leads to $4.8M Crypto Theft appeared first on VPN Central.