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South Korean Government Blunder Exposes Ledger Wallet Seed Phrase, Triggers $4.8M Crypto Theft

South Korean Government Blunder Exposes Ledger Wallet Seed Phrase, Triggers $4.8M Crypto Theft

Bearish
The Crypto Basic logoThe Crypto BasicFebruary 27, 20261 min read
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A major security lapse by South Korea’s government exposed a Ledger wallet’s recovery phrase, enabling the theft of roughly $4.8 million in digital assets. Colin Wu spotlighted the incident today, citing a report from local outlet Maeil Business News Korea. Visit Website

ing a report from local outlet Maeil Business News Korea. Visit Website