South Korea's Supreme Court has handed down a significant ruling: Bitcoin and other digital assets held on major exchanges including Upbit and Bithumb can be legally seized by authorities under the Criminal Procedure Act. The decision emerged from a landmark case involving 55.6 BTC that were confiscated from a suspect in a money laundering investigation. This ruling establishes an important legal precedent, confirming that crypto holdings on centralized platforms fall within the scope of asset seizure provisions. For traders and investors operating on these platforms, the judgment underscores the regulatory framework governing digital assets in South Korean jurisdiction, particularly regarding how authorities can access and secure funds during criminal proceedings.