{"id":11417,"date":"2026-03-18T05:04:09","date_gmt":"2026-03-18T05:04:09","guid":{"rendered":"https:\/\/serisec.com\/index.php\/2026\/03\/18\/south-korean-police-accidentally-post-cryptocurrency-wallet-password-html\/"},"modified":"2026-03-18T05:04:09","modified_gmt":"2026-03-18T05:04:09","slug":"south-korean-police-accidentally-post-cryptocurrency-wallet-password-html","status":"publish","type":"post","link":"https:\/\/serisec.com\/index.php\/2026\/03\/18\/south-korean-police-accidentally-post-cryptocurrency-wallet-password-html\/","title":{"rendered":"South Korean Police Accidentally Post Cryptocurrency Wallet Password"},"content":{"rendered":"\n<div>South Korean Police Accidentally Post Cryptocurrency Wallet Password<\/div>\n<p> \t<BR><br \/>\n<BR><\/BR><br \/>\n    <!-- no image --><br \/>\n \t<BR><br \/>\n<BR><\/BR><\/p>\n<div>\n<p>An expensive <a href=\"https:\/\/www.bleepingcomputer.com\/news\/security\/48m-in-crypto-stolen-after-korean-tax-agency-exposes-wallet-seed\/\">mistake<\/a>:<\/p>\n<blockquote>\n<p>\nSomeone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea\u2019s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet.<\/p>\n<p>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).<\/p>\n<p>When announcing the success of the operation, the agency released photos of a Ledger device, a popular hardware wallet for crypto storage and management.<\/p>\n<p>However, the images also showed a handwritten note of the wallet recovery phrase, which serves as the master key that allows restoring the assets to another device.<\/p>\n<p>The authorities failed to redact that info, allowing anyone to transfer into their account the assets in the cold wallet.<\/p>\n<p>Reportedly, shortly after the press release was published, 4 million Pre-Retogeum (PRTG) tokens, worth approximately $4.8 million at the time, were transferred out of the confiscated wallet to a new address.<\/p>\n<\/blockquote>\n<\/div>\n<p> \t<BR><br \/>\n <BR><\/BR><br \/>\n    Bruce Schneier<br \/>\n \t<BR><br \/>\n<BR><\/BR><br \/>\n<a href=\"https:\/\/www.schneier.com\/blog\/archives\/2026\/03\/south-korean-police-accidentally-post-cryptocurrency-wallet-password.html\">Go to bruce schneier<\/a><br \/>\n \t<BR><br \/>\n <BR><\/BR><\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Korean Police Accidentally Post Cryptocurrency Wallet Password An expensive mistake: Someone jumped at the opportunity to steal $4.4 million in crypto assets after South Korea\u2019s National Tax Service exposed publicly the mnemonic recovery phrase of a seized cryptocurrency wallet. The funds were stored in a Ledger cold wallet seized in law enforcement raids at [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,282,1054,245,1],"tags":[87],"class_list":["post-11417","post","type-post","status-publish","format-standard","hentry","category-bruce-schneier","category-cryptocurrency","category-operational-security","category-south-korea","category-uncategorized","tag-bruce-schneier"],"_links":{"self":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/posts\/11417"}],"collection":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/comments?post=11417"}],"version-history":[{"count":0,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/posts\/11417\/revisions"}],"wp:attachment":[{"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/media?parent=11417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/categories?post=11417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/serisec.com\/index.php\/wp-json\/wp\/v2\/tags?post=11417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}