Former South Korean official's crypto assets drop by nearly $300K

The value of crypto assets held by Kim Nam-guk, a former presidential secretary for digital communication, has fallen by nearly 400 million won (about $296,000) due to market declines, the Tax Daily reported. According to data released by South Korea's Government Public Ethics Committee via its electronic gazette on March 20, the former secretary declared 77 crypto assets worth a total of 819.157 million won (about $607,000). This is a significant drop from the 1.217 billion won (about $901,000) he held while in office.