Korean Actress Repays Embezzled Funds Invested in Cryptocurrency

According to Foresight News, South Korean actress Hwang Jung-eum has repaid the full amount of funds she was accused of embezzling and investing in cryptocurrency. The actress was charged with misappropriating 4.2 billion won (approximately $3.07 million) from her company. Her agency, Y1 Entertainment, announced on the 17th that Hwang had returned the funds in two installments on the 30th of last month and the 5th of this month. The funds were initially withdrawn from Hunminjeongeum Entertainment in 2022, with 4.34 billion won being taken, of which 4.2 billion won was invested in virtual currency. Hwang faced trial for allegedly violating laws related to aggravated punishment for specific economic crimes, specifically embezzlement. The repayment marks a significant step in resolving the legal issues surrounding the case.