According to ChainCatcher news and reported by Yonhap News Agency, the South Korean prosecution is seeking a 3-year prison sentence for actress Hwang Jung-eum, who was prosecuted for allegedly embezzling 4.3 billion won (about 3.07 million USD) and investing in virtual currency.
The Jeju District Prosecutor's Office requested the court to impose a 3-year prison sentence on actress Hwang Jung-eum for the crime of embezzlement, violating the law on aggravated punishment for specific economic crimes, during the public trial held on the 21st in the Criminal Division 2 of the Jeju District Court (Presiding Judge Im Jae-nam).
According to previous reports, on June 17, South Korean actress Hwang Jung-eum was prosecuted for allegedly embezzling approximately 4.2 billion won (about 3.07 million USD) from company funds to invest in virtual currency. Her management company Y1 Entertainment stated on June 17 that Hwang Jung-eum had returned all the owed money in two installments on May 30 and June 5. Previously, Hwang Jung-eum had withdrawn a total of 4.34 billion won from Hunmin Jeong-eum Entertainment around 2022, most of which was used for cryptocurrency investment. The case involves violations of the relevant provisions regarding embezzlement in the law on aggravated punishment for specific economic crimes and is currently undergoing judicial proceedings.
