Morning Edition · Tuesday, August 11, 2026Published at 1:53 AM EDT · New York

South Korea Would Give Exchanges Seven Days to Freeze and Sell a Debtor's Crypto Under Proposed Seizure Rules

Civil creditors, not just prosecutors, could compel custodians to disclose, transfer, swap and liquidate holdings, extending court enforcement into assets that were designed to sit outside it.

South Korea has proposed rules that would put crypto exchanges on a seven-day clock to act on civil enforcement orders. If the rules advance, ordinary creditors holding a judgment could compel a custodian to freeze a debtor's assets, disclo…