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South Korean Pop Star Loses $77,000 In Crypto Investment

Key Points:

South Korean pop star Seo Chul-goo lost up to $77,000 on bad crypto investments and discussed his financial situation with his fiancee on a TV talk show.
He wanted to raise over $240,000 in two years to buy a house for them, but his investments in cryptocurrency didn’t go according to plan.
Seo’s fiancee expressed concern about his sleeplessness due to his investments in cryptocurrency.

Seo Chul-goo, also known by his stage name Xitsuh, is a well-known South Korean pop star, rapper, and TV personality, who has recently been in the news for losing up to $77,000 on crypto investments.

He appeared on the E Channel TV talk show “Love of a Lifetime” with his fiancee Lee Young-joo, where he shared his financial situation with the audience.

Lee revealed that Seo tends to suffer from sleeplessness due to his work, but recently he has been unable to sleep due to his investments in cryptocurrency. She expressed her concern and wished that he wouldn’t invest in it. Despite dating for 10 years, the couple are currently planning their wedding. Seo had hoped to raise over $240,000 in two years to buy a house for the both of them. However, things have not gone according to plan, and he has lost between $61,230 and $77,000 on his investments. Had his investment been successful, it would have been a great help to their wedding fund.

Seo Chul-goo debuted in 2018 and has appeared on numerous rap and pop-themed reality TV shows. The TV talk show “Love of a Lifetime” is hosted by Kim Gu-ra, one of South Korea’s top entertainers, and TV presenter Kim Min-jung. The show invites economic experts to advise celebrity couples on how best to accumulate wealth and safeguard their investments.

During the show, Seo was shown nervously looking at crypto charts on PC monitors. Despite his losses, Seo remains optimistic and is determined to learn from his mistakes, ensuring that he makes better investment decisions in the future.

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Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.