Kim Geoseok Donates 100,000 XRP to the Korean Red Cross Society

• Kim Geoseok donated 100,000 XRP to the Korean Red Cross Society.
• The Red Cross will deliver the donation to neighbors, according to the donor’s instructions.
• Geoseok is the first digital asset donor to charity in Korea under the new regulation.

South Korean philanthropist Kim Geoseok has donated 100,000 XRP, equivalent to 200 million won, to the Red Cross Society. In a recent announcement, the Acting President of the Korean Red Cross, Hongguk Kim, stated that Geoseok donated the digital assets to support the underprivileged.

Geoseok’s Instruction and Status

According to the Red Cross leader, the organization will deliver Geoseok’s donation to neighbors in need at the sponsor’s request. In the meantime, this event marks Geoseok’s second digital asset donation to the Red Cross; the first was a Bitcoin donation, which made him the organization’s first indiv…

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