The National Tax Service reportedly made public the wallet password for virtual assets seized from high-value, habitual delinquents in a press release, and the assets were stolen. The National Tax Service said it had "nothing to say and is checking" regarding whether the virtual assets were stolen.

On the 26th, the National Tax Service distributed a press release saying it seized a total of 8.1 billion won from 124 high-value, habitual delinquents through on-site searches by the "special task force tracking high-value delinquents." In the press release, the National Tax Service exposed, without mosaicking, the taxpayer's hard wallet "Ledger" device and a sheet of paper with the wallet password, the "mnemonic" code. A mnemonic is a master key used to recover a virtual asset wallet.

A photo of a USB hardware wallet for storing virtual assets that the National Tax Service says it seizes from delinquents./Courtesy of National Tax Service

Han Sung University professor Cho Jae-woo said around dawn on the 27th that 4 million PRTG (Pre-Retogeum) tokens stored in the delinquent's wallet were transferred in full to an unidentified wallet. He estimated the damage at $4.8 million (about 6.4 billion won).

However, an official at the National Tax Service explained that "PRTG is a coin that does not support transactions, so it is difficult to cash out the entire stolen volume, and the actual amount falls far short of 6.9 billion won."

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