Third Financial Education Session for Military Personnel

The Digital Asset eXchange Alliance (DAXA) said on October 22 that it had held a financial investment fraud prevention training session for about 100 Marine Corps personnel at Marine Corps Headquarters on October 13.


This was the third training session for military personnel, following sessions for the Military Police Group of the Capital Defense Command in August 2024 and for a unit under the command in December of the same year. DAXA advisory committee member Jo Jaewoo gave a lecture covering basic concepts of blockchain and virtual assets, major types of financial investment fraud involving virtual assets and real-life cases, and investment methods.


Jo Jaewoo, an advisory committee member of DAXA, conducts a training session on preventing financial investment fraud involving virtual assets for about 100 Marine Corps personnel at Marine Corps Headquarters on the 13th. DAXA

Jo Jaewoo, an advisory committee member of DAXA, conducts a training session on preventing financial investment fraud involving virtual assets for about 100 Marine Corps personnel at Marine Corps Headquarters on the 13th. DAXA

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A DAXA official said, "As higher military salaries and expanded access to mobile phones during service have made financial investments more accessible to service members, the need for educational programs to prevent financial investment fraud exploiting virtual assets has grown. The program was designed to help them develop the ability to make sound investment decisions through a proper understanding of virtual assets."


As part of an intensive financial education program for older adults that the Financial Supervisory Service and the financial sector are jointly conducting for two months starting in October, DAXA plans to hold a Madanggeuk performance to prevent financial investment fraud involving virtual assets.



DAXA Standing Vice Chairman Kim Jaejin said, "As young service members' participation in virtual asset investment grows, prevention education that takes their investment characteristics and service environment into account is essential. We will continue to expand tailored education that considers the needs of various groups and work to create a sound environment for virtual asset use and protect users."


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