South Koreans Elect Pro-Crypto Candidate Lee Jae-Myung as President
Lee Jae-Myung, who has been serving as an opposition leader in South Korea, is the country’s new president after defeating his closest rival, Kim Moon-soo, the People Power Party candidate. South Korea’s National Election Commission indicates that Jae Myung secured 49% of the total votes, while Moon-soo got 41%. The elections were held on Tuesday,
Andrew Richard2 min read
Lee Jae-Myung, who has been serving as an opposition leader in South Korea, is the country’s new president after defeating his closest rival, Kim Moon-soo, the People Power Party candidate.
South Korea’s National Election Commission indicates that Jae Myung secured 49% of the total votes, while Moon-soo got 41%. The elections were held on Tuesday, six months after the impeachment of President Yoon Suk-yeol, who declared martial law last December.
According to Reuters, the voter turnout was the highest since the 1997 elections, with nearly 80% of the 44.3 million eligible voters casting their ballots. Satoshi Action Fund CEO Dennis Porter, who has been in South Korea this week, took to X to confirm Reuters’ report, saying, “The turnout was wild.”
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