Yuri Holdings, where Seungri was previously CEO, filed a trademark related to "Seungtsby."
According to the Korean Intellectual Property Office on Tuesday, Yuri Holdings, Inc. filed four trademarks related to Seungri's nickname "Seungtsby". Three applications had been filed already and one is currently under review. Yuri Holdings explained the meaning behind "Seungtsby" saying its a combination of Seungri and Gatsby meaning "to enjoy the party together." The Company filed under various trademark registrations including advertising, performances, Christmas and party items, book lights, festival decoration LEDs and furniture.
Also noteworthy is the fact that the fourth patent currently being reviewed by the Intellectual Property Office was filed by a company called "Yumo" for patent applications related to virtual reality gaming software and interactive video game programs. 'Yumo' was founded by Seungri and Park Han Byul's husband Mr. Yoo (current CEO of Burning Sun) and aptly named after the two men.
Both Seungri and Mr. Yoo are currently embroiled in sexual assault allegations, police collusion, and drug suspicions related to club 'Burning Sun' in the Gangnam area. Many have raised suspicions that Yuri Holdings, Inc. is the corporate headquarters for club 'Burning Sun' but the company vehemently denied the rumors and said "We merely hold an investment in the club. The company is not the headquarters nor the holding company for the club."
Meanwhile, Seungri submitted to a voluntary drug test on February 27 and was investigated for over 8.5 hours until the next morning. After that, he canceled all planned concerts overseas and has gone on hiatus until his mandatory military enlistment.