South Korea, which came to the fore with its parliamentarian’s suspicious cryptocurrency transactions, has now come to the fore with the cryptocurrency assets of senior judges.
According to reports from local news agency NoCut News and Joongang Ilbo, it was revealed that some senior South Korean judges hold popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP and Solana (SOL).
The information came to light after South Korea’s Supreme Court ruled that senior judges must make annual public disclosures about their financial assets to avoid potential conflicts of interest.
According to the court decision, the statements that judges must provide must also include the assets and crypto wallet information of their spouses and children.
Accordingly, Cheongju District Court Chief Judge Lim Byeong-ryeol said that he held 9.92 and 3.38 BTC, while his wife and son held a total of 6.54 BTC in their names.
Chief Judge Lim Byeong-ryeol stated that apart from Bitcoin, he holds small amounts of Ethereum, Solana and XRP.
Additionally, Kang Il-won, Chairman of the Supreme Court Public Service Ethics Committee, disclosed the assets of 141 high-ranking judges, including Chief Justice Cho Hee-dae and Supreme Court Justices, including cryptocurrencies.
Cheongju District Court Chief Judge Lim Byeong-ryeol reported that he held 3.38 Bitcoins (192.34 million KRW) in his name, while his wife and son held 519.68 million KRW and 1.05 million KRW worth of cryptocurrencies, respectively.
*This is not investment advice.
