EXO's Baekhyun Reportedly Faces 63 Billion Won in Financial Damages

EXO member Baekhyun is reportedly facing significant financial losses, estimated at 63 billion KRW, stemming from issues connected to the arrest of Cha Ga-won, CEO of One Hundred. This situation has garnered considerable attention, particularly after a YouTuber identified Baekhyun as a primary victim in the ongoing fraud allegations involving Cha Ga-won and MC Mong.

The alleged 63 billion KRW in damages is broken down into three main components: approximately 35 billion KRW for an unbuilt luxury villa (Eterno 3rd) promised as a contract payment, a 16 billion KRW jeonse deposit for a residence in Hannam-dong, and an estimated 12 billion KRW in unpaid earnings following his departure from SM Entertainment. The jeonse deposit is a point of concern, with comparisons drawn to singer Lee Seung-gi's 10.5 billion KRW jeonse issue, suggesting potential difficulties in recovery due to Cha Ga-won's legal troubles.

Local bloggers emphasize that while the arrest of Cha Ga-won and reports of property seizures are confirmed, the 63 billion KRW figure is a calculation made by a YouTuber, Lee Jin-ho, and has not been officially verified or confirmed by Baekhyun's representatives. They highlight that the specific financial claims involve combining different types of alleged losses, and both parties have yet to issue official statements, indicating that the full facts require further investigation and legal processes.