Is squid game s2 making fun of Do Kwon?

In squid game s2, reference is made to an influencer who convinced some contestants to invest in a rugpull coin. I thought maybe they were making fun of Do Kwon and all the people he scammed when Luna went down the drain.

Also interesting was the fact squid game was trying to lump crypto investors in the category of gamblers considering the crypto contestants were competing with run of the mill gamblers.

And the ironic thing about this is that people are now reinvesting money into a new squid game rugpull scheme. The irony in squid game making fun of crypto scammers only to have people invest in a scam is laughable.