South Korean Movie Starring Late Actor Song Jae-rim is Also Based on True Events

The South Korean film Crypto Man, a crypto-themed drama inspired by true events, is set for a January release, poised to captivate global audiences.

The movie delves into the aftermath of a real-life crypto market crash and features the late actor Song Jae-rim in a pivotal role.

Song’s recent passing in his Seoul home, reportedly accompanied by a suicide note, has cast a somber shadow over the film's release, amplifying its emotional and cultural resonance.

Crypto Man to Premiere on 15 January 2025

Crypto Man, known in Korean as Plummet, is currently in post-production and set to premiere on 15 January 2025, according to JTBC.

The film is inspired by the true story of a devastating crypto crash that led investors to lose a total of 50 trillion won ($35 billion).

Beyond this catastrophic event, the movie delves into themes such as startup investments, day trading in stocks, and the allure of get-rich-quick crypto schemes.

The late actor Song Jae-rim stars as Yang Do-yun, a self-proclaimed tech and business guru who develops an altcoin named MOMMY.

The narrative also follows young characters who juggle stock trading by day with cryptocurrency trading by night, highlighting the volatile nature of the financial markets.

Producers have emphasized that the crypto scam depicted in the film impacted a large number of victims, although the courts have yet to issue a final ruling on the case.

To ensure authenticity and legal accuracy, Crypto Man underwent rigourous legal consultations and was crafted based on a thorough investigation of the legal proceedings surrounding the alleged scam.

This meticulous approach aims to provide a compelling and truthful portrayal of the challenges within the crypto industry, promising audiences a gripping and insightful cinematic experience.

Crypto Immortalised on South Korean Films

Director Hyun Hae-ri revealed that she sought to blend realism with elements of dark comedy in crafting Crypto Man.

The growing prominence of cryptocurrency in South Korea has inspired many domestic filmmakers and studios to explore crypto-themed narratives in recent years.

In 2021, Twenty Hacker, a film centered on a catastrophic data breach at a fictional crypto exchange, featured several K-pop stars and garnered attention for its timely storyline.

That same year, a reality show focused on the lives of cryptocurrency investors aired on a major South Korean cable network, reflecting the nation's fascination with the digital asset phenomenon.

Crypto Man aims to build on this legacy, delivering a fresh and thought-provoking perspective on the crypto world.