2026-01-08 19:24:27

South Korea's Supreme Court has issued a landmark ruling determining that cryptocurrency holdings on exchanges can be legally seized under certain circumstances. This decision carries significant implications for how digital assets are treated in the nation's legal framework and sets precedent for asset recovery procedures involving exchange-held Bitcoin and other cryptocurrencies.

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ProbablyNothing

· 01-11 19:24

Now the exchange is really not a cold wallet for withdrawals... Korea's move this time is a bit aggressive.

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ZeroRushCaptain

· 01-10 17:09

Oh no, Korea's move—can they confiscate coins even on exchanges? My already halved assets now have another reason to disappear.

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RektRecovery

· 01-10 12:00

lol called it... exchanges as honey pots, classic architectural flaw nobody wants to admit. self-custody was never just a meme, it was literally the warning label everyone ignored. now korea's basically codifying what we all knew - your coins on their servers = not really yours. predictable vulnerability tbh

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BTCBeliefStation

· 01-08 19:54

Korea's move is really ruthless; they can confiscate exchange-held coins? The crypto community will have to be even more cautious now.

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GweiWatcher

· 01-08 19:53

Whoa, is this true about the South Korean Supreme Court? Can exchange coins also be confiscated?

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LiquidityWizard

· 01-08 19:49

so the supreme court basically went "actually, your crypto on exchanges? yeah we can yank that" — theoretically speaking this obliterates the whole "decentralized freedom" narrative, doesn't it? given the historical data on government asset seizures, we're looking at what, 40-60% probability this gets abused within 18 months? statistically significant precedent right there

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TradingNightmare