Over 200 Residents Lose Crypto In South Korea Tax Crackdown | Bitcoinist.com

Cheongju city authorities have moved to collect unpaid local taxes by seizing cryptocurrencies from residents, according to reports. Since 2021, officials say they targeted 203 people who failed to pay local levies. Of those, crypto from 161 individuals was already frozen or taken, with the city estimating the recovered value at about 1.5 billion won […]