South Korea Seized $183 Million Worth of Crypto From Tax Evaders (Report)
Published on Sep 25, 2022
https://cb.run/aNT7 South Korea Seized $183 Million Worth of Crypto From Tax Evaders (Report)South Korean law enforcement officers have reportedly confiscated around 260 billion won ($183 million) worth of cryptocurrencies from local individuals and businesses in two years as they were not abiding by local taxation laws.
Not long ago, the authorities targeted the notorious leader of Terraform Labs – Do Kwon. He was accused of gifting tokens to family members as a way of tax avoidance.
The Latest Crypto Seizure in South Korea
According to a report by the domestic media outlet Yonhap News Agency, the South Korean authorities confiscated more than $183 million in digital currencies since the beginning of 2021....
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