Tax officials urge law change to seize self-custodied crypto in Korea
Covered by 2 sources · 2 articles
2 outlets - including Livebitcoinnews and Cryptopolitan - are covering this story. South Korea seeks legal authority to seize self-custodied crypto through updated criminal procedures. Proposed warrants must detail wallet addresses, asset amounts, transfers, and secure custody arrangements. Court-supervised joint wallets…
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South Korea Proposes Law to Seize Self-Custodied Crypto Wallets
South Korea seeks legal authority to seize self-custodied crypto through updated criminal procedures. Proposed warrants must detail wallet addresses, asset amounts, transfers, and secure custody arrangements. Court-supervised joint wallets…
Tax officials urge law change to seize self-custodied crypto in Korea
Four researchers, led by a National Tax Service investigator, are pushing for South Korea to rewrite its Criminal Procedure Act so prosecutors can actually take control of cryptocurrency that suspects hold in private wallets. The current la…