According to Yonhap News Agency, since 2021, South Korea has seized a total of 259.79144 billion won (approximately 1.3 billion yuan) of virtual assets due to default in national and local taxes, of which 176.3 billion won has been seized due to default in national tax and 83.49144 billion in local tax seizure won. According to statistics, the overdue fees collected through the seizure of virtual assets amounted to 84.13799 billion won, and the virtual assets seized in Seoul, Incheon, Gyeonggi and other capital circles accounted for about 30% of all seized assets.