South Korean actress Hwang Jung-eum misappropriated company funds to invest in cryptocurrency and has now repaid all of it

2025-06-17 17:32:45

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ChainCatcher news, according to Yonhap News Agency, South Korean actress Hwang Jung-eum, who has been indicted for allegedly embezzling 4.2 billion won (approximately 3.07 million USD) of company funds and investing in virtual currency, has settled her assets and repaid all amounts.

Her management company Y1 Entertainment stated on the 17th that Hwang Jung-eum repaid the amount withdrawn as debt from Xunmin Jung-eum Entertainment on the 30th of last month and the 5th of this month. Previously, Hwang Jung-eum had embezzled 4.34 billion won from Xunmin Jung-eum Entertainment around 2022, and invested 4.2 billion won in virtual currency, facing trial for violating the Act on the Aggravated Punishment, etc. of Specific Economic Crimes (embezzlement).

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