[Full text] "Did Seungri become the owner, linked to Burning Sun?" Cosmetics brand speaks out

*This content was translated by AI.

GP Club, the operating company of cosmetics brand JM Solution, dismissed rumors linking BIGBANG's Seungri (real name Lee Seung-hyun) and the Burning Sun incident.

In an official statement released on the 21st, GP Club said, "We sincerely apologize for spreading misleading content that falsely connected JM Solution to Lee Seung-hyun and the Burning Sun incident via some social media platforms and online communities, causing concern and confusion among our customers." The company explained, "Although we received a business proposal from Seungri's side in the past and established JM Town, the project was withdrawn before it began following the emergence of the Burning Sun scandal. The corporation was dissolved and liquidated in 2019 without any actual business operations or revenue generation."

Continuing, GP Club stated, "Seungri has never invested in or held shares in JM Solution from the past to the present, nor does he have any business or economic ties related to product planning, manufacturing, distribution, or sales. We plan to secure evidence through our legal team and external law firms before initiating legal proceedings against posts that repeatedly spread distorted claims or attempt to expand limited past facts by linking them to the present."

GP Club added, "We deeply feel responsible for causing concern among customers with our judgment at the time, and we will respond responsibly to protect brand trust."

Seungri debuted as a member of BIGBANG in 2006 but was identified as a central figure in the 2019 Burning Sun Gate scandal, leading to his expulsion from the entertainment industry. He was subsequently convicted on nine charges including soliciting prostitution and habitual gambling, receiving a one-year-and-six-month prison sentence. After serving his term, he was released upon expiration of his sentence in February 2023.

Seungri recently became involved in an assault incident.

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*This content was translated by AI.