South Korea's top court has ruled that Bitcoin held in exchange accounts can be seized. According to reports, the decision aligns South Korea's enforcement practices with those of the United States and the European Union. The ruling confirms that Bitcoin held in Korean exchange accounts qualifies as an “object of seizure” under criminal law. This development clarifies the legal status of cryptocurrencies in South Korea and their treatment under the law, particularly in the context of criminal investigations and asset recovery.

South Korea's top court has ruled that Bitcoin held in exchange accounts can be seized. According to reports, the decision aligns South Korea's enforcement practices with those of the United States and the European Union. The ruling confirms that Bitcoin held in Korean exchange accounts qualifies as an “object of seizure” under criminal law. This development clarifies the legal status of cryptocurrencies in South Korea and their treatment under the law, particularly in the context of criminal investigations and asset recovery.