Our client fell victim to an online investment scam, in which the fraudster concealed the stolen funds by converting them into cryptocurrencies and hiding the assets across various exchanges.

Due to the ease of overseas transfers and the speed at which digital assets can be liquidated, even a single day of delay posed a serious risk of losing the entirety of the misappropriated funds. Therefore, the key strategy was not to freeze assets at just one known exchange, but to swiftly target all major exchanges that the suspect might have used.

We acted quickly by gathering evidence of the fraud and initiating both a criminal complaint and an application for provisional seizure. The court approved the seizure, allowing us to simultaneously freeze the assets held not only at one exchange but across multiple platforms—including Upbit, Bithumb, and Coinone—by designating them as third-party obligors.

If you are facing a similar situation involving online investment fraud, asset concealment through cryptocurrency, or require immediate legal measures to preserve your claims, please contact our law firm. Our team of experts will provide the most efficient and accurate legal solutions.