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South Korea's Supreme Court: Bitcoin Stored on Exchanges Can Be Seized Legally
Summary: According to reports, South Korea's Supreme Court ruled on December 11, 2025, that Bitcoin stored on centralized exchanges can be seized as part of criminal proceedings. The court upheld the decision to seize 55.6 Bitcoins held by a money laundering suspect. The ruling stated that Bitcoin has independent management, tradability, and economic value. This decision ...
According to reports, South Korea's Supreme Court ruled on December 11, 2025, that Bitcoin stored on centralized exchanges can be seized as part of criminal proceedings. The court upheld the decision to seize 55.6 Bitcoins held by a money laundering suspect. The ruling stated that Bitcoin has independent management, tradability, and economic value. This decision implies that users of platforms like Upbit and Bithumb will face clearer legal risks, as assets involved in crimes can be directly frozen or seized on exchange platforms.
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Link: South Korea's Supreme Court: Bitcoin Stored on Exchanges Can Be Seized Legally [Copy]