On January 8, Y.ONE Entertainment released an official statement explaining that it had notified Hwang Jung Eum of contract termination on November 27, 2025, and that the notice was accepted, meaning the exclusive contract between both parties had already ended. The agency emphasized that it has no involvement or responsibility for Hwang Jung Eum’s current or future activities, personal matters, or any related controversies, adding that it will not issue further statements or responses regarding the matter.
This clarification comes amid growing controversy surrounding Hunminjeongeum Entertainment, a family-run corporation fully owned by Hwang Jung Eum. The company has been accused of operating without proper registration as a public entertainment management business, a requirement under Korean law. As of January 8, the company was still reportedly unregistered, further fueling public scrutiny.
The situation follows Hwang Jung Eum’s earlier legal troubles. In 2022, she allegedly received ₩700 million in company funds as an advance payment and invested the money in cryptocurrency. Investigations later revealed that over 13 transactions, approximately ₩4.34 billion in company funds were transferred to her personal account, with around ₩4.2 billion used for crypto investments and personal credit card expenses. As a result, she was indicted and later sentenced in the first trial to two years in prison, suspended for four years.
As questions arose about how her personal agency continued operating without proper registration, Y.ONE Entertainment long perceived by the public as her management company stepped forward to reiterate that their contractual relationship had already ended.
By firmly stating that it has no ties to Hwang Jung Eum, Y.ONE Entertainment has taken what many view as an unusually direct and public stance, effectively distancing itself from the actress as the controversy continues to unfold.
Sources: Daum
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