Han Seung-yeon's husband faces massive losses due to investment in Wemade, a listed company involved in blockchain gaming business.
Jun 7, 2025
Wu Shuo learned from ChosunBiz that Alpha Asset Management, managed by Choi Joon-hyuk, husband of Korean star Jun Ji-hyun, has suffered significant losses due to its investment in the gaming company Wemade. Alpha invested a total of 35 billion KRW in Wemade stocks in 2023 and 2024. Currently, due to a roughly 28% drop in the stock price, the cumulative book loss has reached 15.80 billion KRW. This decline is related to the secondary delisting of the Wemix virtual currency from Korean exchanges. Wemix previously lost about 9 billion KRW in assets due to a hacker attack. Wemix is a virtual currency issued by Wemade through its subsidiary.