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‼️ Seed phrase in press release cost NTS $4.8 million
🇰🇷 The South Korean Tax Administration (NTS) press conference on cracking down on tax evaders ended with an unprecedented cryptocurrency theft.
➡️ The agency's staff mistakenly published the seed phrase of a wallet containing 4 million PRTG (Pre-Retogeum) tokens in a press release, worth approximately $4.8 million, which was exploited by malicious actors.
The Blockchain Research Center at Hansung University confirmed the transfer of tokens due to the disclosure of the mnemonic scheme, expressing hope that this incident will prompt government agencies to develop proper virtual asset storage systems.