The Korean Election Commission's move is quite aggressive, directly reporting and correcting data. Falsifying asset declarations in Web3 is something that gets permanently recorded on the blockchain.

The Central Election Management Commission of South Korea reported Incheon mayoral candidate Yoo Jeong-bok to the police on June 1 for alleged violations of the Public Official Election Act, alleging that there were falsehoods in his property declaration. The commission also corrected that his spouse’s declared property is 519 million won, not 440 million, and that his family’s total property is approximately 1.922 billion won, not 1.845 billion.