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South Korea’s tax office apologizes for password leak • The Register

South Korea’s tax office apologizes for password leak • The Register

South Korea’s National Tax Service has apologized after it leaked passwords to a stash of stolen crypto, which parties unknown used to make off with the digi-cash.

This strange story starts on February 26th when the Tax Service triumphantly announced it had busted 124 high-value tax delinquents and seized ₩8.1 billion ($5.6 million) worth of cash and luxury goods. As is often the case with seizures of this sort, the Tax Service shared photos of its haul with the media.

As the Service explained in its apology, it intended that those photos would “provide more vivid information to the public.” Instead, they provided vivid information to crooks who recognized the photos included a seed phrase – a credential used to recover…

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