South Korean tax authorities lost $4.8 million of seized crypto after displaying the relevant wallets’ seed phrases in a photograph covering the Feb. 26 event.

The crypto was taken immediately after the National Tax Service (NTS) shared a photo that included hardware wallets and their secret phrases. The service apologized for the incident, Asia Business Daily reported on Sunday.

“In an effort to provide more vivid information, we did not realize that sensitive information was included and carelessly provided the original photo,” the tax office said. “This is entirely the fault of the National Tax Service (NTS), with no excuse.”

This is at least the second time something like this has occurred in the country. South Korean authorities faced…