A source from YG Entertainment has responded to Seungri‘s decision to retire from the K-Pop industry.
According to the source, Seungri’s decision to announce his retirement was made entirely on his own. It was not a decision that had been made after consulting with the agency. Although ongoing police investigations have not yet revealed exact details about Seungri’s involvement, Seungri reportedly made the decision out of guilt for the suffering that the investigation has caused for those around him.
So far, YG Entertainment has made no additional statements regarding his retirement or the fate of his exclusive contract with the company.