Spoiler alert! If you’ve finished watching Squid Game Season 3, you probably can’t stop thinking about that jaw-dropping twist involving Player 333. What started as a story of a seemingly misunderstood underdog turned into a full-blown cautionary tale—and honestly, it makes us realize Thanos was right about him from day one.
Player 333’s Dark Truth Finally Came Out
Let’s rewind a bit. Back in Season 2, Thanos and his crew gave Player 333 (Myung-gi) a hard time. At first, it felt harsh—just another case of bullying in the brutal Squid Game world. But now? It’s clear Thanos saw something the rest of us missed.
Turns out, Myung-gi wasn’t just another desperate contestant. He had a shady past that caught up with him in the worst way.
A Crypto Scam That Sent Dozens Into the Games
Before landing in the deadly competition, Myung-gi ran a flashy YouTube channel called MG Coin where he hyped up shady cryptocurrency “opportunities.” His followers, trusting him, poured their life savings into what turned out to be a scam.
He didn’t just lose money—he dragged a lot of innocent people down with him. And instead of facing the consequences like a decent human being, he vanished. That’s when you realize: Myung-gi’s moral compass was broken long before the red suits came for him.
Jun-hee’s Pain Revealed Even More
His girlfriend, Jun-hee, reappears in Season 3, and things get messier. She’s pregnant, trying to survive, and hoping for something better. But even after everything, Myung-gi only sees her as a tool to regain his lost fortune.
He actually tries convincing her to reinvest her potential winnings—with the same shady contacts that ruined lives before. Like, seriously?
That’s when it becomes clear: Player 333 didn’t learn a thing. Not from the past, not from the games, not from Jun-hee’s suffering. He’s still stuck in this twisted fantasy of chasing easy money—no matter the cost.
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Jun-hee Wasn’t Fooled Again
To her credit, Jun-hee saw right through him. She realized he hadn’t changed. Her cold distance wasn’t out of spite—it was survival. And honestly, that moment hit hard. You could see the heartbreak on her face, knowing the man she once loved was now a threat.
The Final Straw: His Shocking Choice
In the final episodes, Player 333’s true nature fully surfaced. Not only did he kill former allies like Hyun-ju out of greed, but he was even willing to sacrifice his own unborn child to secure his victory.
That’s not just selfish—that’s terrifying.
Luckily, Gi-hun stepped in to stop him. But the damage was done. Player 333’s descent into complete moral bankruptcy was complete. Any ounce of sympathy we had for him in earlier seasons? Gone .
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A Reminder That Greed Can Consume You
Squid Game has always been about how desperation twists people. But Myung-gi’s arc takes it to another level. He started out as someone you could root for—a guy who made mistakes but maybe deserved a second chance. But in the end, he proved Thanos right: he was never really a victim. He was the villain in disguise.
And that’s the real horror of Season 3—not the games, not the violence, but the slow, chilling transformation of someone who could’ve walked away… but chose not to.
Disclaimer:
This article contains major spoilers for Squid Game Season 3. Reader discretion is advised. The views and opinions expressed are based on character analysis and narrative interpretation. Axpertmedia.in is not affiliated with Netflix or the creators of Squid Game.


