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Home Latest News

South Korea’s tax office leaks wallet seed and loses $4.8M in seized tokens

Cointelegraph by Christina Comben by Cointelegraph by Christina Comben
February 27, 2026
in Latest News
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South Korea’s tax office leaks wallet seed and loses .8M in seized tokens

South Korea’s tax office leaks wallet seed and loses .8M in seized tokens

South Korea’s National Tax Service reportedly published a wallet seed phrase in a press release, and tokens worth $4.8 million were swiftly drained in the latest custody blunder for the authorities.

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Any rollout would still require strict affordability and suitability checks, and crypto activity would need FCA authorization, Gambling Commission executive...

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