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Korean Supreme Court Rules Cryptocurrency Is Asset With Economic Value

May 31, 2018

Bitcoin.com -------- South Korea’s top court ruled on Wednesday that the government could confiscate cryptocurrencies as crime profits since they are assets with economic value. The case involves Ahn, who operated an online porn site, and his 191 BTC that the prosecution confiscated, as news.Bitcoin.com previously reported. “This marks the first time a cryptocurrency has been subject to confiscation,” the Korea Times wrote. To learn more click on the picture below to read the article.

 

 

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