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Once celebrated across music, TV, and variety,
Lee Seung-gi
is now battling with a reputational fallout driven by
family-linked legal turmoil
and online blowback, despite no direct charges against him. Prosecutors indicted his father-in-law and others for manipulating shares of three Kosdaq firms, calling it an unprecedented ring that spanned price-rigging, fraudulent trading, and insider leaks. Authorities alleged JoongAng Advanced Materials surged from KRW 490 to 5,850 per share, yielding about KRW 14 billion, with overall illicit gains near KRW 20 billion.
Breaking with the in-laws
After initially urging restraint over earlier allegations, Lee later issued a statement declaring that trust had been irreparably damaged and that he and his spouse would cut ties with her family. Overseas outlets, including The Straits Times, also reported his decision following his father-in-law's renewed indictment in the stock case. MK Sports reporting, reflected across English-language summaries, noted Lee's apology for hasty comments and his pledge to uphold accountability standards going forward.
Fresh sparks from an old photo
The controversy reignited when
MC Mong
posted a year-old group photo featuring Lee Seung-gi, Lee Da-in, Lee Yu-bi, and business figure Cha Ga-won, spurring a social media exchange. Lee Da-in publicly questioned the motive and timing; MC Mong responded with sharp remarks that appeared to reference Lee's public break with his in-laws, escalating scrutiny once more. Major portals chronicled the dispute as speculation continued around MC Mong's status at One Hundred and his ties to Big Planet Made's ecosystem.
What it means for Lee
The legal narrative centres on alleged market violations by others, but the optics have weighed on Lee's once-pristine image, compounding earlier industry tensions. With indictment details laid out by prosecutors, the case's breadth ensures sustained attention while Lee maintains distance and silence beyond formal statements.