Park Min Young fell into crisis: Being investigated, banned from leaving the country because she dated a cryptocurrency giant

Since the image of Park Min Young dating Kang Jong Hyun was posted by Dispatch in September 2022, the Korean romantic comedy queen has continuously appeared in negative news. From controversy for falling in love with scandalou.s giants, newly affected films leading to unexpected results to being summoned by the police to investigate, Park Min Young is falling into a series of crisis days.

A few days ago, News1 reported that Park Min Young returned with a new film project called Marry My Husband based on the webtoon of the same name by author Seong So Jak. However, when the news that the actress was being investigated broke out, the public worried that she could hardly continue to participate in the drama.

The biggest scandal in my career

On February 14, Korean media reported that the Financial Investigation Division 2 of the Seoul Southern District Prosecutor's Office (Chief Prosecutor Chae Hee Man) summoned Park Min Young for being related to Kang Jong Hyun. owner of the Bithumb virtual exchange. Kang Jong Hyun was arrested a few days earlier for manipulating stock prices and embezzlement, according to MBN.

Prosecutors suspect Mr. Kang and employees of stealing mone.y from companies such as Vident, Inbiogen, Bucket Studio and issuing convertible bonds (CBs), then raising the stock price to gain illicit profits. In it, a bond transaction was made under the name of Park Min Young and had a profit of hundreds of millions of dollars.

During the meeting with the prosecutor on February 13, Park Min Young denied that she was involved in the above transaction. Prosecutors are banning Park Min Young from leaving Korea and considering whether to continue summoning her.

Park Min Young's management company is also currently under investigation for allegedly being related to Kang. Dispatch previously reported that Hook Entertainment was founded by a close friend of Mr. Kang and was also invested by this giant.

Prosecutors opened a comprehensive investigation by confiscating and searching companies related to Mr. Kang in October 2022. Mr. Kang and key executives as well as employees of Bithumb affiliates were arrested for fraud and embezzlement.

MBN said that Mr. Kang is accused of being the owner of the virtual exchange Bithumb and participating in stock price manipulation through Kang Ji Yeon's sister. Kang Ji Yeon is the CEO of Inbiogen and Bucket Studio - Bithumb's branch.

Korean media and public opinion began to pay attention to Kang Jong Hyun when the image of him dating Park Min Young was published by Dispatch in September 2022. The newspaper specializing in the private life of Korean artists said that Kang Jong Hyun lived a luxurious life and even gave his girlfriend a supercar. The actress is also close to her boyfriend's family.

Dispatch reported that Kang Jong Hyun is a scandalou.s cryptocurrency giant. His business card says the Chairman of Bithumb and a number of other companies. However, the documents of the above companies did not mention Kang Jong Hyun.

Worth mentioning, Kang was accused of defrauding about 3.5 billion won of A Capital by making false financial statements. In 2014-2015, he borrowed a financial company and embezzled more than 10 billion won. In 2016, Kang Jong Hyun was sentenced to 3 years of probation.

When seeing idols dating a cryptocurrency giant, many Park Min Young fans objected. Under public pressure, Park Min Young announced her breakup with Kang after only one day of dating. However, she cannot avoid being rich, despite the past to love the giants. Worth mentioning, Park Min Young's sister was hired as the director of one of Bithumb's branches. This person resigned after his sister's noisy outburst.

Affected career

According to Korean media, not only Park Min Young's personal life but also her work is also affected by the love affair with a cryptocurrency giant. The time Park Min Young revealed a photo of her dating Kang Jong Hyun and announced the breakup just a day later, her new movie "Love in Contract" was on the air.

Ten Asia reported that in October 2022, the rating (viewer rate) of Love in Contract episodes after Park Min Young's love scandal broke out gradually decreased. The drama premiered on September 21, 2022 with a rating of 3.9% on cable TV station tvN and ended with 3% on episode 16 on November 10, 2022. The rating of episode 9 even dropped to 2.6%. "Park Min Young - who is known as the queen of romantic comedies - must be feeling very bitter," wrote Ten Asia.

Ten Asia considers her private life as one of the reasons why the movie's ratings did not explode.

From a top star, constantly achieving success, Park Min Young causes anxiety when having troubles from personal life to work. The investigation has not yet reached a final conclusion, but it has a significant impact on the reputation of the actress. In a famously strict environment like the Korean entertainment industry, this is a "stain" that is difficult to erase for Park Min Young.

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