AI Helps South Korea’s Jeju City Identify 49 Crypto Tax Evaders and Recover $165,000 in Seized Coins
Jeju City used AI and exchange data to find nearly 3,000 residents who had hidden cryptocurrency and owed unpaid taxes. Officials seized 230 million won (\$165,458) in crypto and are targeting 19.7 billion won (\$14.17 million) in total overdue taxes and fines.
