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South Korea Tax Agency Targets Cold Wallets in Crypto Seizures

South Korea’s NTS seized $108 million in crypto from 14,000 tax delinquents over four years and now says even offline cold wallets can be confiscated through home raids.

South Korea’s National Tax Service (NTS) is expanding its crackdown on tax evasion, warning that even crypto assets stored in cold wallets will be subject to seizure.
According to a report from local news outlet Hankook Ilbo, an NTS official said the… [2483 chars]

Source: Cointelegraph | Published: 2025-10-10T09:45:11Z

Credit: Cointelegraph

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