The uncertainty behind FlaSh's Return; In-depth

First of all, FlaSh was very well known/respected among streamers on his cryptocurrency acuity. He has made a fortune for himself investing into crypto pre-covid years and was well known to point a lot of streamers sought after his advice on investing. However, FlaSh has always kept quiet about his financial gains or success to non-streaming sphere and kept it always to himself in public. Here is video relevant to this topic where he denies his gains

It was rumored through grapevine from various streamers gossips/small talks that FlaSh made well over $30-40m USD worth with his crypto investment (pre crypto scandal), and the video above admits that he made $6m usd on one crypto investment alone.

Suit came into picture with financial power. He was a well known huge donator to various streamers, and was in close contact to many streamers to do collab streamers together and gifting them luxury goods (watches, gucci bags, ect) as well as money. He was particularly close to FlaSh and he and FlaSh had many streams together, especially towards end where he was about to leave for military



Suit was head of company named Global Order and he was reputable with giving donations to various university and likes. So people assumed he was a figure that wanted to give back to community

Before FlaSh went to military, FlaSh began a new chapter in him opening up to public about cryptocurrency. He began to be lot more open to public stream viewers about his involvement with crypto scene and his success he found in it. He even gave interview right before he went to military talking about how close he was with Suit to point they were neighbors.

Before he went to army, he did few promotion videos on Suit's company (named Global Order), as well as becoming representative of Foblgate, a blockchain trading firm. This was all very new since FlaSh never really was open about any non-progaming financial gains beforehand, limiting it to talking about his progaming days. Previously, he even really kept his ad-banners on his stream mostly limited to his family's relative's company and such and previously was focused very much on keeping his image as "professional and humble".

He went on and did collab stream with Britney, Gamst, Suit (Britney & Gamst being one of biggest streamers on Afreeca, regularly drawing 40-100k+ viewers), where they talked about money, which was odd since FlaSh wasn't type before to open up publicly about this.



Here is excerpt from his stream, which was promptly deleted few days later.



But this behavior by itself wasn't anything to be concerned about. Unusual, but not alarming, but...

Suit's company, named Global Order, had a project going where they planned to launch a [start-up cryptocurrency platform called T.O coin



As you can see from picture, it was very ambitious with it planning to give users many sign-up perks and public usage accessibility, as well as trading platform to trade in different cryptocurrencies including T.O coin.

People were investigating some other scandal from another streamer when they discovered that the said streamer and Suit were linked together suspiciously. This lead to chain of events where people discovered eventually that tons of social media influencers were involved his startup cryptocurrency start-up undisclosed to public. FlaSh had $228k USD investment in it, along with Sea, Guemchi, Britney, ect.



This of course, implies that said influencers were encouraged to promote it without disclosing their investment involvement. But we don't know if they intended to disclose yet

Not only that, the initial investors of the crypto will be guaranteed their investment back if it falls below their original invested sum; basically 0 risk for guaranteed return

Upon discovering this, what people previously thought was innocuous large donation from suit suddenly became a lot more suspicious, and people began to accuse Suit of these not being simple donation as a big fan, but a business venture instead

On top of that, FlaSh was discovered to have been introduced to company named Chainstry through Suit as well....

As you can read on FlaSh and Bisu's announcement, their admitting to their involvement with T.O coin was nothing but disasters, with them dealing with it as bad as you can get, with Bisu trying to deny his involvement then getting caught being in investment list, and FlaSh blaming his mom, ect.

FlaSh was then revealed to be pretty involved with promoting T.O coin among streamers himself, with his previous reputation being very famous among streamers for his crypto advice even before this crypto incident. Britney admitted that he was introduced to T.O coin by FlaSh himself during his apology video. Bisu admitted this as well

T.O coin was then promptly cancelled even before launch despite being close to launch due to heavy media focus and general image damage.

Since the Crypto scandal, all of the influencers involved have all returned to streaming except FlaSh. For Britney and Sea, they even gained viewers through popularity of SC university content on top of not taking as much damage as they were pretty scandals-heavy even before cryptocurrency.

However, bigger damage would be to streamers who focused on keeping their PR clean & professional like FlaSh and Bisu. Bisu has since then lost sizable part of his viewerbase, with him only really retaining 30-50% of his previous viewercount pre crypto scandal.

FlaSh previously planned his triumphant return on 2/05/2023, which spells out his name (205=Lee Young Ho). However, it was derailed by crypto-scandal, which led him to become radio silent to this day. He has not yet posted anything public since his announcements nearly 2 years ago.

Crypto incident was pretty big damage to his image and people are wondering if he will come back at all. It's speculated in korean community he's either taking break after coming back from army, coming back next asl or never returning at all. But he's very strange there has been absolutely nothing from his side as most people at least make announcement for remaining fans waiting.

FlaSh almost certainly doesn't have much financial incentive to return due to him being well off even before he went to army (well-off family, significant income from streaming, crypto gains from investing, ect), but he does leave a lot of his BW fans hanging with this.

In end of day, biggest damage to FlaSh is to his reputation that he worked so carefully to build up over the years. Whether it determines his return is up for air