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Wu Blockchain· 2025-10-12 02:42
Regulatory Scrutiny - South Korea's National Tax Service (NTS) is intensifying its crackdown on crypto tax evasion [1] - NTS warns that even cold wallets may be subject to search and seizure [1] - NTS uses blockchain analysis tools to track on-chain activity [1] - NTS will confiscate hard drives or cold wallets if assets are suspected to be hidden offline [1] Tax Enforcement & Recovery - Over the past four years, the agency has seized and liquidated ₩1461 亿韩元 (approximately $108 million) in crypto from 14,140 tax delinquents [1]