Courts can now seize and sell your bitcoins for debts in South Korea

South Korea began enforcing rules on Nov. 1 allowing courts to seize and sell cryptocurrencies, including bitcoin, to satisfy civil debts, with separate procedures for assets held on exchanges versus personal wallets. The framework gives creditors a formal path to recover unpaid claims through crypto holdings, which previously sat outside standard civil enforcement. Exchange-held coins can be liquidated under the new rules, while self-custodied assets follow a distinct process. The change matters because it brings a large retail crypto market into the traditional debt-collection system and could force sales of seized tokens. What to watch next is how quickly courts and exchanges process seizures and whether forced liquidations add visible sell pressure.