A YouTuber claimed EXO’s Baekhyun may have suffered up to 63 billion won in losses tied to Cha Ga-won and One Hundred, but the claims are unconfirmed.
August/23/2026 16:37
In the midst of the controversy surrounding One Hundred CEO Cha Ga-won, who was detained on suspicion of fraud on a scale of 30 billion won (about 3 billion yen), an argument was raised that EXO’s Baekhyun suffered financial damage on a scale of up to 63 billion won (about 6.3 billion yen). On the 22nd, Lee Jin-ho, the operator of the YouTube channel "Entertainment Secret President Lee Jin-ho," said, "He suffered damage that cannot be compared to Lee Seung-gi," and named Baekhyun as the biggest victim of this incident, revealing the specific details of the damage. According to Lee Jin-ho, Baekhyun had not received the contract money worth about 35 billion won (about 3.5 billion yen) that had been promised at the time of the exclusive contract. CEO Cha Ga-won promised to provide a luxury villa instead of cash, but it was found that this building has not been constructed to this day. In addition, it was claimed that it is unclear whether the 16 billion won (about 1.6 billion yen) rental deposit for the luxury residence Baekhyun moved into will be returned after Cha Ga-won’s detention. In addition to this, a claim was also made that unsettled money generated during the process of activities after leaving SM Entertainment (hereinafter, SM) amounted to about 12 billion won (about 1.2 billion yen). Lee Jin-ho added these amounts together and analyzed that the potential scale of Baekhyun’s damage reached about 63 billion won. However, the amount in question and whether there was damage are not contents that Baekhyun officially acknowledged. The specific details and scale may change in the process of confirming the facts in the future. In 2023, Baekhyun, together with Chen and Xiumin, demanded the termination of their exclusive contract from SM. SM countered this and the two sides were in conflict, but afterward they resolved their misunderstandings and announced a settlement, saying that they had been able to reach a mutually amicable agreement. Then in 2024, Baekhyun established the independent label INB100 and carried out EXO-CBX activities together with Chen and Xiumin. After that, INB100 was absorbed as a label under One Hundred, headed by Cha Ga-won. Meanwhile, in the same year, EXO-CBX accused SM, with whom they had once announced a settlement. They held an emergency press conference, complained of unfair treatment regarding the contract, and the conflict with SM became serious. In 2025, EXO-CBX lost all of its lawsuits against SM. Then in February of this year, SM requested a provisional seizure of EXO-CBX’s assets totaling 2.6 billion won (about 260 million yen). Recently, it was revealed that EXO-CBX notified Cha Ga-won of the termination of their exclusive contract on the grounds of contract violations such as unsettled payments. Prior to this, it was recently reported that Lee Seung-gi had signed a lease contract for 10.5 billion won (about 1.05 billion yen) and had lived in a luxury villa in Hannam-dong, Yongsan-gu, Seoul, which is said to be owned by CEO Cha Ga-won, but that he had not received the return of the jeonse deposit, a Korean rent-free deposit system unique to Korea. ・EXO Baekhyun to move to G-DRAGON’s agency? Galaxy Corporation denies report ・EXO Baekhyun, Xiumin, and Chen demand contract termination from agency... claim contract violations such as unsettled payments
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