South Korea develops crypto-specific procedures for asset seizures and liquidation: report
• South Korea is developing new legal procedures specifically designed for the seizure and liquidation of cryptocurrency assets. • The amendments aim to formalize how courts execute judgments and establish clearer rules for provisional measures, such as preliminary seizures and injunctions. • These measures are critical to prevent debtors from transferring or hiding digital assets while litigation is ongoing, addressing a significant gap in current enforcement.
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