They Photographed the Password in the Press Release: Why ₩4.8 Billion Vanished in 3 Minutes After Korea's Tax Authority Exposed a Seed Phrase
South Korea's National Tax Service (NTS) published a press release promoting seizures from tax delinquents that included a photo of a Ledger cold wallet with the seed phrase fully visible — resulting in the theft of approximately ₩4.8 billion (USD 4.8M) worth of PRTG tokens within minutes. The incident has raised serious questions about the government's ability to securely manage digital assets.