South Korea, which got here to the fore with its parliamentarian’s suspicious cryptocurrency transactions, has now come to the fore with the cryptocurrency belongings of senior judges.
In response to stories from native information company NoCut Information and Joongang Ilbo, it was revealed that some senior South Korean judges maintain in style cryptocurrencies corresponding to Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL).
The knowledge got here to gentle after South Korea’s Supreme Courtroom dominated that senior judges should make annual public disclosures about their monetary belongings to keep away from potential conflicts of curiosity.
In response to the court docket choice, the statements that judges should present should additionally embody the belongings and crypto pockets info of their spouses and kids.
Accordingly, Cheongju District Courtroom Chief Choose Lim Byeong-ryeol stated that he held 9.92 and three.38 BTC, whereas his spouse and son held a complete of 6.54 BTC of their names.
Chief Choose Lim Byeong-ryeol acknowledged that aside from Bitcoin, he holds small quantities of Ethereum, Solana and XRP.
Moreover, Kang Il-won, Chairman of the Supreme Courtroom Public Service Ethics Committee, disclosed the belongings of 141 high-ranking judges, together with Chief Justice Cho Hee-dae and Supreme Courtroom Justices, together with cryptocurrencies.
Cheongju District Courtroom Chief Choose Lim Byeong-ryeol reported that he held 3.38 Bitcoins (192.34 million KRW) in his identify, whereas his spouse and son held 519.68 million KRW and 1.05 million KRW price of cryptocurrencies, respectively.
*This isn’t funding recommendation.