The Enigma of Oh Il-nam (18/19)

Oh Il-nam’s character is a masterstroke of storytelling—a blend of charm, cunning, and cruelty that leaves fans questioning everything they thought they knew. While the series reveals key aspects of his backstory, it leaves enough ambiguity to keep fans speculating about his true motives and legacy.

Whether he was a bored billionaire, a manipulative sociopath, or a man seeking meaning in his final days, Il-nam’s presence casts a long shadow over Squid Game. As fans eagerly await a potential second season, one question remains: how much of the game—and its creator—have we truly seen?