South Korea’s Supreme Court Clarifies Crypto Seizure and Liquidation Rules

Cointime update: South Korea’s Supreme Court Court Administration Office said the revised Civil Execution Rules took effect on November 1, setting out procedures for seizing, transferring and liquidating crypto assets such as bitcoin. For exchange-held assets, courts may seize users’ claims against exchanges; for assets in personal wallets, courts can bar debtors from disposing of them and order transfer to an executor for sale or handover to creditors. Civil enforcement cases involving crypto exchanges rose from 423 in 2023 to 3,136 in 2025, and reached 3,186 in the first nine months of 2026.