DataBreachesDissent
South Korea Seized Crypto Lost After Release Exposes Seed Phrases
South Korea's National Tax Service seized approximately 8.1 billion won (around $5.6 million) in cryptocurrency from 124 high-value tax evaders. However, a significant portion of these assets was lost due to a security breach caused by a press release that included high-resolution photos showing the wallet seed phrases. These phrases are crucial for accessing the seized wallets. This incident marks a repeat occurrence of such breaches.