A South Korean city is reportedly planning to seize the digital assets of more than 5,000 residents who owe back taxes. According to a new Daegu Shinmun report, the Nam-gu (south district) Office in Pohang intends to go after digital assets owned by residents who owe more than 500,000 won or $369 in taxes. Officials The post South Korean City Planning To Seize Crypto Assets of 5,208 Tax-Delinquent Residents: Report appeared first on The Daily Hodl .