On June 7, "Jeon Ji-hyun's Husband Lost 15 Billion in Cryptocurrency" landed on Weibo's hot search, temporarily ranking 29th.
BlockBeats reported today that Korean star Jeon Ji-hyun's husband faces massive losses from a 35 billion won investment in Wemade.
Alpha Asset Management Company had previously purchased Wemade stocks worth 15 billion won at 34,894 won per share in October 2023 and 20 billion won at 63,887 won per share in January 2024. As of June 2, Wemade's closing price was only 25,000 won, estimated to result in an account loss of 15.8 billion won (approximately $11.66 million). The CEO of Alpha Asset Management Company is Choi Jun-hek, who is the husband of Korean actress Jeon Ji-hyun.