- The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears.
- Out of the total exceeding 259.7 billion won, more than 176 billion won of assets were seized due to non-payment of national taxes, and over 84 billion won of crypto was seized as a result of local tax arrears, the news outlets detailed.
- Nearly a third of that cryptocurrency was seized in capital Seoul (17.8 billion won), the city of Incheon (close to 5.5 billion won), and the rest in Gyeonggi province (over 53 billion won).
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
