South Korean Police Accidentally Post Cryptocurrency Wallet Password
Schneier on Security [Unofficial]
March 17, 2026
An expensive mistake:
> Someone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea’s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet.
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> The funds were stored in a Ledger cold wallet seized in law enforcement raids at 124 high-value tax evaders that resulted in confiscating digital assets worth 8.1 billion won (currently approximately $5.6 million).
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> When announcing the success of the operation, the agency released photos of a Ledger device, a popular hardware wallet for crypto storage and management...
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