South Korea’s highest court has ruled that Bitcoin held on cryptocurrency exchanges can be seized during criminal investigations, providing clarity on how digital assets are treated under the country’s seizure framework. The ruling closes a legal challenge that argued crypto assets fall outside seizure law because they lack physical form, and it affirms earlier judicial views that classify cryptocurrencies as assets with economic value.
source: https://www.cryptoprowl.com/releases/bitcoin-on-exchanges-can-be-seized-under-criminal-law-south-koreas-top-court-rules-1813