📰 South Korea police raid former mayor's home in crypto disclosure investigation
🗓️ Jul 28 2026 09:30 UTC - Rony Roy
South Korean police searched former Incheon Mayor Yoo Jeong bok's home over allegations that crypto assets were omitted from mandatory election disclosures.
➤ South Korean police raided the home of former Incheon Mayor Yoo Jeong-bok as part of an investigation into alleged cryptocurrency disclosure violations during his election campaign.
➤ The investigation centers on claims that Yoo and his wife intentionally failed to report approximately 21,000 cryptocurrency tokens, leading to a discrepancy in his declared assets.
➤ This case highlights ongoing scrutiny of digital assets in South Korea, with authorities investigating potential violations of election and financial transparency laws.
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RWA Times
South Korea police raid former mayor's home in crypto disclosure investigation
South Korean police searched former Incheon Mayor Yoo Jeong bok's home over allegations that crypto assets were omitted from mandatory election dis...














