Court Approves Provisional Seizure of The Givers Ahn Sung Il’s “CUPID” Copyrights Fee
A new update regarding the case between ATTRAKT, The Givers, and FIFTY FIFTY was reported in Korean media on September 25, 2023.
In a statement, ATTRAKT shared that the court has approved a provisional seizure of the copyright fee bond from The Givers’ Ahn Sung Il. ATTRAKT had applied for this after discovering that Ahn Sung Il had allegedly embezzled the company’s funds.
We discovered that The Givers’ CEO, Ahn Sung Il, had embezzled the company’s funds while working on projects for ATTRAKT. As such, for the first round, ATTRAKT had applied for the provisional seizure of the copyright fees as a portion of the embezzled funds. The Seoul Eastern District Court has approved this.
— ATTRAKT
The copyright fees for Ahn Sung Il’s albums, which were FIFTY FIFTY’s debuts with THE FIFTY and The Beginning: Cupid, were halted, and as of today’s news, have been provisionally seized. The albums were registered under Ahn Sung Il with the Copyright Association previously.
ATTRAKT plans to apply for the provisional seizure of other funds as part of the embezzlement they faced from Ahn Sung Il. This approval by the court is significant, as it is the court’s first decision on Ahn Sung Il’s misconduct in the civil and criminal lawsuit between ATTRAKT and Ahn Sung Il.
For more information on the case between ATTRAKT, Ahn Sung Il, and FIFTY FIFTY.
Correction: A previous version of this article stated that the court had issued a ruling regarding Ahn Sung Il’s embezzlement. It has been corrected to reflect that the court approved a provisional seizure in response to ATTRAKT’s allegation of embezzlement against Ahn Sung Il.
