South Korean debt collectors are now seizing crypto in insolvency cases – and may soon be granted even more power to confiscate coins.
Per Hanguk Kyungjae, the Korea Deposit Insurance Corporation (KDIC), a firm that operates under the Financial Services Commission (FSC), has begun “seizing cryptoassets for the first time” this year.
The KDIC typically gets involved in public and private insolvency cases….
Read More: South Korean Debt Collectors Coming for Crypto Holders
