Regulation· ★★· neutral·

South Korea Seized $100M in Crypto Over Tax Debts, Sold Only 0.09%

  • —136.2 billion won in crypto seized from tax delinquents in 2022–2025, 15,491 cases
  • —Only 63 positions sold for 127 million won, or 0.09% of seized value
  • —Seoul sells assets immediately, while other regions follow their own rules
  • —Lawmaker seeks unified valuation, timing and liability standards
Why it matters: Inconsistent rules for selling seized crypto create legal risk for debtors and exchanges and could push Seoul toward a single national framework.
Source: Bloomingbit
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