Clueless cops post seized crypto wallet password. $5M quickly stolen.

Because the press release was widely circulated online, the thief could be anyone. South Korea’s National Tax Service has no clear suspects, Gizmodo suggested, and no easy way to claw back funds.

The officials’ best bet might be if the thief tries to move the stolen tokens through a regulated exchange, but The Block noted that the thief might struggle to convert that much cryptocurrency into cash under current market conditions. So seemingly, the thief, who likely wasn’t expecting the big payday anyway, may be motivated to lie low and avoid major exchanges.

Cho suggested that cops could have easily prevented the theft, likening posting any image of the

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