Alpha Asset Management, which is run by Choi Jun-hyuk, the husband of South Korean star Jun Ji-hyun, has reportedly suffered significant losses due to its investment in gaming company Wemade. Alpha, which invested a total of 35 billion won in Wemade shares in 2023 and 2024, has accumulated a book loss of 15.8 billion won due to a 28% drop in the stock price. The decline is related to the secondary delisting of the Wemix virtual currency by a South Korean trading platform, which previously lost about 9 billion won in assets due to hacking. Wemix is a virtual currency issued by Wemade through its subsidiaries.
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CryptoGoldmine
· 11h ago
Entering a position too quickly can lead to a crash.
Jeon Ji-hyun's husband suffers a major setback in investment in Wemade: The delisting of Wemix coin results in a book loss of 15.8 billion won.
Alpha Asset Management, which is run by Choi Jun-hyuk, the husband of South Korean star Jun Ji-hyun, has reportedly suffered significant losses due to its investment in gaming company Wemade. Alpha, which invested a total of 35 billion won in Wemade shares in 2023 and 2024, has accumulated a book loss of 15.8 billion won due to a 28% drop in the stock price. The decline is related to the secondary delisting of the Wemix virtual currency by a South Korean trading platform, which previously lost about 9 billion won in assets due to hacking. Wemix is a virtual currency issued by Wemade through its subsidiaries.