South Korea's Top Court Rules Bitcoin on Exchanges Can Be Seized

South Korea's Supreme Court issued its first ruling on December 11 establishing that Bitcoin held on platforms like Upbit and Bithumb qualifies as seizable property under the Criminal Procedure Act, citing electronic tokens with independent management and economic value as meeting confiscation standards while regulators propose payment freeze systems and impose billions in AML fines.

Source: cryptonews.com

Related symbols: TOPUSD

2026-01-09 08:53:01 GMT.