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Wu Blockchain (@WuBlockchain): For the first time, a local government in South Korea has warned that it can directly sell cryptocurrencies held by tax defaulters on exchanges. Offic…

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For the first time, a local government in South Korea has warned that it can directly sell cryptocurrencies held by tax defaulters on exchanges. Officials have issued notices to 17 people and seized their cryptocurrencies through CEXs and warned that if the taxes are not paid by the due date at the end of November, their assets on exchanges will be confiscated and sold. yna.co.kr/view/AKR202411…

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