Address
5F, 526 Nonhyeon-ro,
Gangnam-gu, Seoul, Korea
Freezing and seizing assets, exchange garnishment, fraud recovery and enforcement in Korea.
When voice phishing or investment scam proceeds are converted into cryptocurrency, victims have traditionally been unable to use Korea’s statutory freeze-and-refund system. From 1 October 2026, amendments to Korea’s Telecom Fraud Refund Act will extend that system to virtual assets and crypto exchanges.
For foreign counsel advising clients with Korean asset exposure, the way to freeze cryptocurrency in Korea is about to change. On 2 July 2026, the Supreme Court of Korea pre-announced a partial amendment to the Civil Execution Rules (민사집행규칙) creating,…
When a fraudster moves stolen funds into a Korean centralized exchange, foreign counsel often face the same question: how do we freeze and recover assets sitting in a wallet we cannot touch? Korean civil execution provides a workable answer. The…
When a crypto project collapses or a digital asset exchange freezes customer funds, foreign investors often assume they can turn to Korea’s criminal system to recover losses. But filing the right charges in Korea—and understanding how prosecutors will investigate cryptocurrency…
A client who fell victim to an online investment scam discovered that the fraudster had concealed the stolen funds in cryptocurrency exchanges. Given the speed at which digital assets can be transferred or liquidated internationally, even a single day of…
The client suffered a loss caused by Company A a long time ago and obtained a compensation agreement, but did not receive the promised settlement. As a result, the client filed a claim in court and the judgment was confirmed.…
An investor who sued the cryptocurrency exchange Upbit for $100 million in damages has won his case. The lawsuit was filed because the exchange failed to transfer his Lunar Coins in a timely manner before the Lunar-Terra crash in 2022,…
The Seoul Southern District Prosecutors’ Office’s Joint Investigation Team for Cryptocurrency Crimes has indicted 41 individuals for cryptocurrency fraud, seizing and recovering 140 billion won ($141 million) over the past year. The task force has confiscated assets worth 84.6 billion…
In response to the rising number of cryptocurrency-related crimes, the police are set to establish standardized procedures for seizing and managing cryptocurrencies. The National Police Agency’s National Investigation Division announced a study to design a standard management model for virtual…
Korean Prosecutors’ Office retrieved a deleted e-wallet belonging to a suspect accused of fraud and embezzlement, seizing Ethereum worth 7.6 billion won ($7.6 million). The suspect, A, allegedly defrauded 156 victims of 14.6 billion won in investment funds and embezzled…