Korea’s Supreme Court has categorized cryptocurrencies as the “asset with measurable value.†The court has ordered confiscation of 191 bitcoins from Ahm that are worth $2.3 million generated from the operation of an online pornography website. It is reported that the income generated from the illegal activity has mulled fivefold.
Korean Supreme Court Categories Cryptos as an asset
IncryptsMay 30, 2018
Related articles
Tax Laws Hit Hard On Two Brazilian Crypto Exchanges
Feb 18, 2020 
SEC Charged Ohio Man for Crypto Scam Case
Feb 13, 2020 
Leave a Reply