JAKARTA - K-pop group THE BOYZ released an official statement in response to the conflict regarding their contract with ONE HUNDRED agency. Previously, they sued for contract termination and reported their CEO, Cha Ga Won.
On Tuesday, April 21, nine members of THE BOYZ, namely Sangyeon, Jacob, Younghoon, Hyunjae, Juyeon, Kevin, Q, Sunwoo, and Eric, reported ONE HUNDRED CEO Cha Ga Won for embezzlement of funds.
Cha Ga Won's side responded with, "We have completed 100 percent of the exclusive contract fee and payment to members and the payment plan for the future has also been set."
On the same day, Sunwoo shared an article via Instagram Story and put a “X” in the part of the text “100% payment”.
Wednesday, April 22, Yulchon LLC as THE BOYZ's agency issued a statement that what Cha Ga Won said was not true. THE BOYZ has not received payment since mid-2025 even though they have been active and promoting.
"As the agency announced their position that 'all payments for artists have been completed' to date, no artists have received any payments, including payments from the third and fourth quarters of 2025," said lawyer Kim Mun Hui of Yulchon LLC.
"Even before the ruling, the agency continued to delay payments, and proper payments were never made. During the process of responding to the artists' requests for a court order to suspend the validity of their exclusive contracts, the agency set payment deadlines several times and stated that the payment of the settlement and the delayed compensation would be paid on that date, but no payment was made," he continued.
THE BOYZ filed a report with the Yongsan Police on April 20 to investigate whether the case could be settled. They are looking forward to the development of the validity of their contract and are waiting for payment from ONE HUNDRED.
"In contrast to making unfounded claims through the media with false information, we hope that all parties can cooperate with legal parties," said the THE BOYZ lawyer.
Cha Ga Won himself faces various demands for contract rulings from his artists ranging from THE BOYZ, Chen, Baekhyun, Xiumin EXO, Lee Mu Jin, and so on. Cha Ga Won is also facing allegations of embezzlement and fraud by using company expenses to artists.
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