South Korea's Supreme Court Rules Bitcoin on Centralized Exchanges Can Be Seized in Criminal Cases
South Korea's Supreme Court ruled on Dec. 11, 2025, that Bitcoin held on centralized trading platforms can be seized under the country's Criminal Procedure Act, Cointelegraph reported on Jan. 9. The court upheld the seizure of 55.6 BTC from a suspect in a money laundering investigation, stating that Bitcoin possesses independent manageability, transferability and economic value. The decision clarifies legal risks for users holding Bitcoin on platforms such as Upbit and Bithumb, as crypto assets allegedly tied to criminal activity can be frozen and confiscated directly on exchanges. Trading platforms now face greater pressure to comply promptly with search and seizure warrants while maintaining strict KYC and tracking systems.