The South Korean province of Gyeonggi seized cryptocurrencies worth 6.1 billion won ($5.14 million) from 1,661 investors due to the more than $12 million in unpaid fines.
Before the seizure, Gyeonggi investigated 29,656 companies and individuals who were delinquent on their payments of 1 million won or more for nontaxable income.
The province also checked the cryptocurrency holdings of the companies and individuals at four exchanges.
Kim Min-kyung, head of Gyeonggi’s taxation department, said the seizure was the largest amount for cryptocurrencies in the country for nontaxable income delinquents.
The province had seized cryptocurrencies worth over 53 billion won from about 12,000 people who were delinquent on tax payments.


Sara Duterte Impeachment Trial Opens, Putting 2028 Philippine Election in Focus
FxWirePro- Major Crypto levels and bias summary
US Egg Producers Settle Price Manipulation Probe, Agree to Pay $3.3 Million and Donate 53 Million Eggs
ICC Says Darfur War Crimes Probe Reaches Breakthrough in Sudan Investigation
Trinidad Businessman Dominic Hadeed Appeals Detention Over Alleged Assassination Plot
DOJ Seeks Dismissal of Gautam Adani Bribery Case, Citing Foreign Scope 



