It was recently revealed that some senior public officials whose status changed have been holding virtual assets worth up to more than 100 million won.


According to the “Occasional Registration of Assets by Senior Public Officials” disclosed by the Government Public Officials Ethics Committee on July 24, senior officials who were newly appointed, promoted, or retired as of April hold various virtual assets.


This asset registration covers 73 senior public officials who were appointed, promoted, or retired between April 2 and May 1.


Yonhap News Agency

Yonhap News Agency

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Kyungtae Min, Ambassador Extraordinary and Plenipotentiary of the Embassy of the Republic of Korea in Algeria, owns virtual assets under his name, including Bitcoin, IOTA, XRP (Ripple), and Ethereum, worth a total of 109.1 million won. When the assets held by his family are included, the total virtual assets amount to 124.39 million won.


Kang Hye-gyu, President of the Korea Central Social Service Agency, holds 19.42 million won worth of altcoins, including Stellar Lumens, Ripple, and Shiba Inu.


Kim Wol-yong, President of the National Institute for Lifelong Education, reported 8.89 million won worth of Bitcoin held in his eldest son's name.


Choi Kwan-ho, President of Yeosu Gwangyang Port Authority, stated that he holds 5.95 million won worth of Bitcoin, Ethereum, and Dogecoin.



Jung Cheol-jae, Head of the US Forces Korea Base Relocation Project Group, was found to possess Bitcoin, Ethereum, and Ripple worth a total of 2.51 million won.


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