SEOUL’S LOCAL GOVT. SEIZED CRYPTOCURRENCIES OF TAX DELINQUENTS

Highlights –

• Seoul’s local govt. seized cryptocurrencies of tax delinquents.
• The city government found the cryptocurrencies of 1,566 individuals.
• More than 25 billion won (US$22 million) in virtual assets from 676 of them were seized.
• The cryptocurrencies that were seized from 118 have paid back 1.26 billion won.

The Seoul metropolitan government ....