
It has been revealed that the agency representing the EXO sub-unit "CBX" (Chen, Baekhyun, and Xiumin) not only failed to pay the artists their due earnings but also secured personal guarantees from them regarding external investment funds.
On the 8th, it was confirmed that INB100, the agency to which EXO members Chen, Baekhyun, and Xiumin (collectively known as CBX) belonged, obtained joint and several guarantees from the artists themselves in connection with investment funds (prepaid investments) received from outside sources in 2024.
Prepaid investments are funds received in advance to cover costs such as concert production and album creation. A joint and several guarantee is an arrangement under which, should the primary party responsible for repayment fail to fulfill their obligation, the guarantor may also be held liable according to the terms of the contract.
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1. They have so much money, I'm sure they know what to do
2. The fans will probably pay it back for him
3. Guarantee debt = they're in ruins
4. I guess there’s nowhere left for them to appear on TV, so they’ll probably just stick to touring
5. Just what are they doing with all that money?
6. Why are people concerned about them for? They're still selling so well in their first week sales.... And they're still popular, so gotta sell more~~~
7. They have so many fans, just pay back
8. Don't you know any lawyers, or anyone else who would give you some honest, straight talk?
9. They trust that their fans will pay back
10. They’re so out of touch with how the world works, what were they thinking?
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