EconomySouth Korea sets rules allowing courts to seize and sell crypto for unpaid debts
South Korea’s Supreme Court issued Rule 3280 to standardize how courts freeze, transfer and liquidate cryptocurrency to satisfy civil debts. Effective Nov. 1, it applies to assets held on exchanges and in private wallets. Courts may require custodians to disclose holdings and authorize transfers or sales; debtors can appeal those decisions.
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CryptoSlate★★★☆☆2026-10-13 10:00Original
South Korea sets rules allowing courts to seize and sell crypto for unpaid debts
Economy