4.2 billion embezzlement → Even though he was imprisoned..Hwang Jung-eum's agency is still unregistered (Full Story) [Official]

*This content was translated by AI.

Actor Hwang Jung-eum was notified of the termination of her contract by her agency.

On the 8th, its agency, Y1 Entertainment (hereinafter referred to as Y1), said, "On November 27, 2025, actor Hwang Jung-eum was notified of the termination of the exclusive contract, and the notification was accepted, so the exclusive contract between the two sides has already ended."

Accordingly, Y1 has no involvement or responsibility in relation to all current and future activities, personal issues, and various issues of Hwang Jeong-eum. He also emphasized that he would not express his position or respond to Hwang Jeong-eum in the future.

Hwang Jung-eum was put on trial last year on charges of withdrawing 4.34 billion won from Hunminjeongeum Entertainment, a corporation founded in 2022, and using about 4.2 billion won for virtual currency investment and personal card payments. As a result, Hwang was sentenced to two years in prison and four years of probation.

However, Hwang Jeong-eum's Hunminjeongeum Entertainment has not registered as a pop culture and arts planning business until recently, which has sparked controversy.

- Next is the full text of the official entrance of Y1 Entertainment.

Hello, we're Y1 Entertainment.

We will announce our official position on the issue related to actor Hwang Jung-eum reported today.

On November 27, 2025, Y1 Entertainment notified actor Hwang Jeong-eum of the termination of the exclusive contract, and the notification was accepted and the exclusive contract between the two sides has already been terminated.

Accordingly, the Company makes it clear that it has no involvement or responsibility in relation to all current and future activities, personal issues, and issues of actor Hwang Jung-eum, and will not express any additional position or respond to this matter in the future.

Thank you.

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*This content was translated by AI.