It has recently been confirmed that SM Entertainment seized the assets of EXO’s Chen, Baekhyun, and Xiumin (EXO-CBX). This is to secure a claim equivalent to 10% of their individual sales.
Previously, EXO-CBX notified SM of their intention ot terminate their exclusive contract in 2023, due to unfair contract terms and other issues. They agreed to work under a separate company, with the condition that SM would pay 10% of their individual sales. However, conflicts led to a legal dispute when CBX later refused to pay royalties, claiming SM had breached the agreement.
According to Biz Korea, SM seized the members’ assets over two days, February 9-10.
The assets included Chen’s house deposit bond, Baekhyun’s apartment in Acheon-dong, and Xiumin’s apartment in Hannam-dong. Baekhyun’s apartment was registered in October 2023, while Xiumin’s apartment was registered just last month.
The total amount SM is claiming from EXO-CBX in the seizure is ₩2.60 billion KRW (about $1.78 million USD). This is to secure claims equivalent to 10% of individuals’ sales from the agreement reached between the two parties in June 2023. A seizure is taken to prevent the debtor from disposing of his or her assets to prevent the debtor from receiving payment.
As a result, netizens were disappointed with their actions regarding the situation.
애초에 12:0을 슴이다이겼는데 그10%도내고싶지않아서아득아득표독스럽게소송하더니만 소송다지고도언플로낼거다ㅇㅈㄹ해놓고서아직도안냄 이게혁명이지 https://t.co/1HE0WcEZaU
— 까미 (@dlstod_lulu) February 11, 2026
From the start, they lost 12-0, but because they didn’t want to give up that 10%, they went all out with lawsuits, and even after losing the lawsuits, they said they would pay the media, but they still haven’t paid it.
대형기획사에 계속 붙어있으면 나중에 임원 시켜줄지도 모르는데 왜 그 복을 발로 차고 나간 건지 모르겠음 ㄹㅇ https://t.co/295jhCgUQJ
— 조조 (@blancadoy) February 11, 2026
I can’t figure out why they would throw away such a blessing and leave when sticking with a big agency might’ve gotten them an executive position later.
가압류… 와 돈 아직도 안냄?
이제 내가 공수치온다 ㅜㅜ https://t.co/XeMJY1scXR
— 포도 (@podo88888) February 11, 2026
Wow…they still haven’t paid? Now I feel embarrassed because of them.
Meanwhile, Chanyeol recently garnered attention for his comment towards CBX.
EXO Chanyeol’s “Shady” Comment To CBX Aggravates Tensions
EXO