SM Entertainment has reportedly filed for a provisional seizure of ChenBaekXi’s assets. SM requested a total of 2.6 billion KRW (about $1.78 million USD), 300 million KRW ($205,000) for Chen, 1.6 billion KRW ($1.10 million) for Baekhyun, and 700 million KRW ($479,000) for Xiumin. As a result, assets equivalent to those amounts have reportedly been provisionally seized. This measure is said to be aimed at securing SM’s claim to 10% of the trio’s individual activity revenue, as agreed in June 2023. The conflict dates back to June 2023, when CBX notified SM of contract termination over settlement issues and long-term contracts. They later agreed that EXO group activities would remain under SM, while individual activities would be managed by their separate label INB100, with 10% of individual revenue going to SM. However, in June 2024, ChenBaekXi’s side claimed that SM failed to honor a 5.5% album and music distribution fee agreement, stating they could no longer pay the 10% royalty,...