191BTC Confiscated

[imyashir]

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling.

what can you say here on this news I read, because of the porn site and 191btc that has been confiscated now that it is holding the korean supreme government.

Read the full articles: https://news.bitcoin.com/korean-supreme-court-cryptocurrency-asset-economic-value/

[micher143]

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling.

what can you say here on this news I read, because of the porn site and 191btc that has been confiscated now that it is holding the korean supreme government.

Read the full articles: https://news.bitcoin.com/korean-supreme-court-cryptocurrency-asset-economic-value/

Unfortunately, I have no idea in such a porn site but what I am thinking right now is that the supreme court doesn't do legal action if that porn site doesn't makes warm to the people in their community. Maybe this is called a disciplinary action where in the supreme court there are confiscated 191 worth of btc. I can't see a wrong act of supreme court there because they only did what they think is right and can give a good effect to their community.

[teddyppap]

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling.

what can you say here on this news I read, because of the porn site and 191btc that has been confiscated now that it is holding the korean supreme government.

Read the full articles: https://news.bitcoin.com/korean-supreme-court-cryptocurrency-asset-economic-value/

For the first time in history, a trial in Korea recognizes the economic value of Bitcoin (BTC). This seems to conflict with the previous hearing when ignoring the value of digital money. The case relates to a 191 BTC confiscation case. This time, on the grounds that "The law prohibits unlawful income arising from property assets such as cash, deposits, shares and other valuable economic assets, "the court stated that" the BTC can be converted into money through transactions, which can be used as a means of payment, so it should be treated as an asset. bring in economic value to the owner, "of the 216 BTCs that were seized, up to 191 of Ahn's BTC originated from the emails of porn site members he is managing, so it may It is considered illegal and confiscated. " Since the arrest of Ahn in April 2017, the price of BTC started to increase sharply.

[CODE200]

There are certain possible reasons why the supreme Court doing that such actions. Maybe because those people hpare violating the rules in their country and it can be cause harmful effects to the people there so by that it is good that supreme Court are doing that to prevent the wrong things to be happen. It is better that they will give them to those people a simple punishment so they can never be doing that again.

[miradorme]

https://image.ibb.co/m13FiJ/ahn_bitcoins.png

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling.

what can you say here on this news I read, because of the porn site and 191btc that has been confiscated now that it is holding the korean supreme government.

Read the full articles: https://news.bitcoin.com/korean-supreme-court-cryptocurrency-asset-economic-value/

Unfortunately, I have no idea in such a porn site but what I am thinking right now is that the supreme court doesn't do legal action if that porn site doesn't makes warm to the people in their community. Maybe this is called a disciplinary action where in the supreme court there are confiscated 191 worth of btc. I can't see a wrong act of supreme court there because they only did what they think is right and can give a good effect to their community.

Yes very true. Over 1.5 million dollar confiscated by supreme trial court because of their violation and I know that they don't do an action for no reason. They do it for a better reason.

[labs0918]

Out of 216 total bitcoin, 191 BTC was confiscated by the supreme court. And I believe that they confiscated it because there is violation regarding to this bitcoin.

[sharnel18]

If im not mistaken supreme court 191 BTC ( over 1.5 million dollar ) because it was on by a criminal group in Korea. Maybe they confiscated it because they violated a rule.

[longwintershere]

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling.

what can you say here on this news I read, because of the porn site and 191btc that has been confiscated now that it is holding the korean supreme government.

Read the full articles: https://news.bitcoin.com/korean-supreme-court-cryptocurrency-asset-economic-value/

For the first time in history, a trial in Korea recognizes the economic value of Bitcoin (BTC). This seems to conflict with the previous hearing when ignoring the value of digital money. The case relates to a 191 BTC confiscation case. This time, on the grounds that "The law prohibits unlawful income arising from property assets such as cash, deposits, shares and other valuable economic assets, "the court stated that" the BTC can be converted into money through transactions, which can be used as a means of payment, so it should be treated as an asset. bring in economic value to the owner, "of the 216 BTCs that were seized, up to 191 of Ahn's BTC originated from the emails of porn site members he is managing, so it may It is considered illegal and confiscated. " Since the arrest of Ahn in April 2017, the price of BTC started to increase sharply.

it's really great to see finally authorities recognizing the value of bitcoin. I believe it's the setp towards the right direction, we're only at the beginning of the whole journey

[Bobby park]

The South Korean Supreme Court has ruled that cryptocurrency is an asset with economic value that can be confiscated. In the case involving a porn site and 191 confiscated BTC, the country’s top court upheld a district court’s ruling.

what can you say here on this news I read, because of the porn site and 191btc that has been confiscated now that it is holding the korean supreme government.

Read the full articles: https://news.bitcoin.com/korean-supreme-court-cryptocurrency-asset-economic-value/

It should be. They are doing bad things and I think it is against the rule of law. Bitcoin was confiscated because the authority wants to know the purpose of BTC to them. We don't know if BTC is the way to transact people. So I think, it is just a must specially if we know that it used to violate laws.

[freesia_pnp888]

Again, South Korean, seriously? I mean how many times that they keep switching and turning about Bitcoin. SK, make up your mind.