Recently, Suwon City in South Korea announced that it successfully seized virtual assets belonging to taxpayers and collected 100 million Korean Won (approximately $72,000 USD) in local taxes. This innovative tax strategy targets individuals with the ability to pay but intentionally delay payments, attempting to evade taxes by hiding their virtual assets. The initiative not only helps to fill the financial gap of local governments, but also sends a clear message to the public: tax evasion will be strictly punished regardless of the form of funds. This measure has been widely recognized and supported by the local community as an effective way to uphold tax fairness and combat illegal activities.