Hmmm. What a turn of events. on September they say that they wouldn't confiscate the bitcoin.
https://news.bitcoin.com/korean-court-rules-bitcoin-cannot-confiscated/It's the same case as posted by the OP. So i don't now why the sudden U-turn by the Local Court. Although the reports acknowledged their first decision and then reversed it.
It is worth mentioning that the Suwon district court ruled last year that “Bitcoin is not subject to confiscation.”
Is this the result of the South Korean government heavily regulating crypto now? I'm pretty sure that this will set precedence in the country to ruled out against bitcoins and crypto.
