On April 29th, Lee Seung Gi issued a public apology for his father-in-law's involvement in a stock manipulation scandal, expressing his regret and disappointment over the situation. The singer emphasized that he has decided to sever ties with his in-laws due to the misconduct. Acknowledging that his initial statements on the matter were made hastily without full verification, Lee Seung Gi asserted that illegal actions must be duly penalized and expressed sincere apologies to the victims impacted by his earlier comments.

The Korean artist's announcement prompted discussions among netizens on an online platform, with many remarking on the delayed action by Lee Seung Gi, as his fans had previously raised concerns about his family's activities. Speculations arose about potential forthcoming articles regarding the father-in-law's actions, with skepticism around the ease of cutting ties with the family given the severity of the situation and the wealth obtained through illicit means. Criticisms were directed towards the daughter's association with the crimes and the insufficiency of a mere apology to address the harm caused by the fraudulent activities.