DURING an open debate before he was elected chairman of South Korea’s main Opposition People Power Party last week, Lee Jun-seok said he made “several hundred million won (several hundred thousand dollars)” through cryptocurrency trading. Later he reported spending just 30 million won (RM109, 458), seemingly from these earnings, for his intra-party leadership campaign.
It is no surprise that the 36-year-old prodigy who majored in computer science and economics at Harvard University is so well versed in today’s digital culture and technology that he made a profitable investment in the virtual money market. It was rather admirable, in fact, that he had time to do so amidst the rigours of the leadership contest that immediately followed the People Power Party’s landslide win in mayoral by-elections in Seoul and Busan. The victories came after he had been given just two years to manage the part. The youngest ever Opposition leader is destined to make his mark in history including a possible takeover of power from the current leftist rulers.