Technology

South Korean authorities lose over $4.8 million in crypto after posting mnemonic recovery phrase online — stolen PRTG tokens part of funds seized by National Tax Service from high-value tax evaders

Source

Tom's Hardware

Published

Mar 3, 2026

TL;DR

AI Generated

South Korean authorities lost over $4.8 million in crypto after inadvertently posting a mnemonic recovery phrase online, allowing a thief to transfer 4 million PRTG tokens. The National Tax Service seized assets from high-value tax evaders, including the stolen tokens. This incident follows a recent case where 22 Bitcoin worth over $1.5 million went missing due to mishandling by authorities. The lack of understanding around virtual assets among government employees highlights the need for better education and security measures in handling cryptocurrencies.

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Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

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Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

Tom's Hardware•

1 week ago

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1 week ago

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Huawei-led team claims it post-trained DeepSeek's 1.6-trillion-parameter model — 1,000 Ascend 910C chips used in training

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1 week ago

South Korean authorities lose over $4.8 million in crypto after posting mnemonic recovery phrase online — stolen PRTG tokens part of funds seized by National Tax Service from high-value tax evaders

TL;DR

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Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

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South Korean authorities lose over $4.8 million in crypto after posting mnemonic recovery phrase online — stolen PRTG tokens part of funds seized by National Tax Service from high-value tax evaders

TL;DR

Similar Articles

Lexar regional manager says that RAM prices are expected to double by the end of the year — 'discounts' and stabilized prices result from distributors getting rid of old stock or sourcing products from other regions

Taiwanese startup FormulaV Line wants to break into US market with two new unique cases — company expects products to become available on Newegg later this year

G.Skill explains how AMD EXPO ULL unlocks additional performance — expanded profiles allow memory makers to include subtiming tweaks for the first time

Huawei-led team claims it post-trained DeepSeek's 1.6-trillion-parameter model — 1,000 Ascend 910C chips used in training