PANews
PANews|May 15, 2025 08:10
Korean actress Hwang Jung eun admits to embezzling 4.2 billion Korean won from her company to invest in cryptocurrency According to South Korean media, South Korean actress Hwang Jung eun has been charged with allegedly misappropriating funds from her actual controlling agency to invest in cryptocurrency. On May 15th, the Jeju District Court held its first public trial on this case. According to the indictment, Huang Zhengyin misappropriated company funds totaling 4.34 billion Korean won from early 2022 to December, of which 4.2 billion Korean won was used for cryptocurrency investments. Huang Zhengyin's lawyer admitted to the allegations, stating that he invested in cryptocurrency for the purpose of developing the company, and emphasized that the company's profits ultimately belong to Huang Zhengyin. Currently, Huang Zhengyin has partially repaid her losses by selling cryptocurrency and planning to sell real estate. The court accepted the request and allowed the compensation related procedures to continue.
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