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South Korea seizes hidden assets from wealthy tax fraudsters


The TV presenter-doctor is thousands of wealthy Koreans whose cryptocurrency has been confiscated from the tax floor as operations in one of the world’s busiest digital asset markets intensify.

More than $ 533 billion ($ 47 million) worth of bitcoin, on-air and other cryptocurrencies have been confiscated from 12,000 people accused of tax evasion after months of investigation, according to officials in Geong, Seoul, who control much of Seoul.

World governments have sought to play a more active role in this regulating cryptocurrencies in response to the boom of years unregulated trade և mining, Bitcoin Tried to Roll Over $ 60,000 This Year Before Falling Over $ 60,000 Less than $ 30,000 this month.

“We will do everything we can to protect law-abiding taxpayers, fulfill our fair tax mandate by scrutinizing assets that may be taxed in the last cryptocurrency,” said Kim Ji-yen, director general of the Gyeonggi State Bureau of Justice.

The seizures followed a wider tax investigation owed by some 140,000 people, the latest in a series of measures. tighten control cryptocurrency financial regulators in South Korea.

Gyeonggi officials said it was the largest “cryptocurrency seizure for tax evasion” in Korean history, and said local exchanges had been used to hide assets because they did not collect their account holder’s resident registration numbers.

To track down their account details on cryptocurrency exchanges, investigators compared mobile phone numbers registered by tax evaders.

The officials noted that the cases include: The host of the popular Home Channel show, which owed Won $ 20 million but kept the Won500m on the air in other cryptocurrencies. The owner of a property in about 30 settlements, which owed Won 30 million in income tax, and kept on 1.1 billion in crypto assets. բժիշ A doctor who could not pay about Won17 million overdue taxes, but had Won2.8 billion bitcoins.

Officials added that they would start insolvency proceedings against assets if “ordinary” large taxpayers “did not voluntarily pay their overdue taxes.

Many of South Korea’s 60 cryptocurrencies are struggling to meet regulatory requirements since September.

The Financial Services Regulatory Commission has set a deadline for Korean stock exchanges to work with local banks to open real-name accounts with clients. However, local lenders are reluctant to engage in a number of smaller exchanges for fear of money laundering and other financial crimes.

The Korean government is developing plans to impose a new income tax on cryptocurrency trading.

Additional report by Kang Buseong և Song Jung-a in Seoul



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