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01x09 - Episode 9

Episode transcripts for the TV show, "Walking on Thin Ice". Aired: September 20 – October 26, 2025.*
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The series revolves around an ordinary housewife named Kang Eun-soo, who turns to crime by selling hundreds of billions of won worth of drugs, which she stumbles upon while trying to pay for the treatment of her terminally ill husband.

01x09 - Episode 9

Post by bunniefuu »

WALKING ON THIN ICE

DRUG USE ISN’T JUST A MERE
DEVIATION BUT A SERIOUS CRIME

A SINGLE WRONG
CHOICE CAN DESTROY

AN INDIVIDUAL, A FAMILY,
AND SOCIETY AS A WHOLE



KOREA NATIONAL UNIVERSITY
ART COMPETITION RESULTS

LEE KYUNG,
YOU WERE NOT SELECTED

Drink! Drink!

Drink!

Are you okay?

Get out of the way!

Are you okay?

Get up.

Hey, stop right there.

You can't leave this place sober.
That's the rule.

Isn't that right?
Right?

Hey, have a drink.

Chug this, and you can go home.

You can do it, come on.

Drink! Drink!

Wow! Seriously?

How is it? Huh?

Are you okay?

Hey.

Hey... Hey...

Hey!

You took the dead kid there,
and you supplied the drug too.

Everyone there said so.

Got it?
Just admit it.

My fiancé's family called off

the engagement because
my brother is a m*rder*r.

And TwoN said they're canceling
the joint contract

because you made
Kang Hwirim do drugs.

Our father's company is
about to go bankrupt.

Do you understand
what you've done?

Bro, it wasn't me. Really!

Then why did only you
and the dead kid have the drug?

You make me sick.

This is the last time I see you.

The 70th birthday celebration for
Twon Group's chairman Kang Gunam

was held at the TwoN Hotel
today afternoon,

where prominent business and
political figures made their appearance.

In particular, Kang Hwirim,
the chairman's eldest grandson,

returned from his studies abroad
to attend the event,

drawing high attention.

Some observers speculate
that Chairman Kang may be signaling

the beginning of a succession process
within the group.

A source at the event said
Chairman Kang

made no special mention of succession,

but his remarks emphasizing
family harmony stood out,

and the eldest grandson's return
seemed symbolic.

Meanwhile, Chairman Kang appeared
cheerful throughout the event,

greeting attendees personally,

and displayed a relaxed demeanor.

You haven't changed at all.

It's been six years,
and you're still saying it wasn't you?

I know you don't believe me.

I'll prove it. Just watch.

How? With your ludicrous plan?

TwoN isn't a tiny local store.

Fine, let's say we bring on board
the corporate raider Austin,

bring in auditors, file objections,

and make timely purchases.

Still, for us to exercise
the shareholder proposal right,

we need at least 0.5%
of Twon Holdings shares.

- Do you know how much that is?
- 8 billion won.

Are you after
our father's company money?

If I were, I wouldn't have
come to see you.

So then what?
How will you get the money?

Don't worry.
I found a way to get it.

EPISODE 9

SAINT PRIVATE ART SCHOOL
TRANSFER PROCESS

Go ahead, I can wait.

What happened?

What's going on?

Where are you?
Answer the phone.

It's not that important, go on.

Well, studying abroad requires a visa
and lots of admission paperwork.

It'll take some time,
but if you're in a hurry,

one option is to go abroad under a
language-study program and prepare there.

For that, you'll need an F1 visa.

Will the whole family be going together?

b*stard

You don't care if I exposed you
to Kang Hwirim?

Don't think about running,
I know where you are.

TWON HOLDINGS
POST-IR PLAN

TWON HOLDINGS
IR PRESS RELEASE COLLECTION

TWON HOLDINGS
CORPORATE BRIEFING

What's your relationship with James?

He's basically my boss.

What?

He's a retailer
and I'm a wholesaler.

GOLD ART GALLERY

- Where's my money?
- I need a little more time.

Are you screwing me over
with Kang Eunsoo?

You're both finished.

I'll show you
just how far I can go.

Where's my money?

I told you, it's not your money.

If I die, the drug disappears too.

You think there aren't other drugs?

It's the only one
that can be cashed right now.

You're desperate for money,
aren't you?

I think we're not so different,
you know?

If I don't go downstairs in ten,
they'll call the police.

You're a funny woman.

Did you think I'd come unprepared?

What you want is the drug, isn't it?

Then buy it—20 billion won.

That's a steal compared to its real value.

You're clueless, aren't you?

If I wanted the drug,
I would've taken it already.

You want no risk
and all the money, huh?

Well, not anymore.

Pay for what you get.

I could burn your house down.
Can you handle that?

That'd mean no more drug.
Can you handle that?

Yeah.

Sir, where are you?

It's a disaster,
the inspection team is here!

You'd better decide quickly
before I change my mind.

Are you crazy?

Have you forgotten?
He's the police!

He knows a thousand ways
to f*ck us over for good!

Is that why you lied to me?

I had a plan for both of us!

If you had waited,
everything would've worked out!

Wait until when?

You said you'll catch the blackmailer
while I get the money.

I got fired from my job and spent
all of my husband's medical fees.

I worked sleeplessly, but couldn't even
earn my living expenses.

Everything I'm trying to protect
is falling apart.

And you teamed up with him
and deceived me!

You know what hurts me the most?

That you knew my situation
better than anyone.

Yet you betrayed me.

No, I didn't mean to betray you...

I guess I trusted you too much.

sh*t. Out of all the people
in the world...

I trusted someone
who only cares for himself.

Eunsoo, let me explain.
I'll tell you what I had in mind.

It's too late!

December 1, 2021. Drug Task Force,
Inspector Jang Taegu.

We'll be questioning you about
Sergeant Choi Gyeongdo.

Is Inspector Jang Taegu here?



He's not here right now.
What is it?

This is an inspection notice.
Who is Sergeant Choi Kyung-do?

- Yes, that's me.
- Please come with us.

LETTER OF INVESTIGATION COOPERATION

Wait...

The most recent Bitcoin transfer
by Phantom's Do Gyuman

amounts to roughly 40 million won.

As you can see, 40 million was withdrawn
from a borrowed account on Nov 29th.

And on that same day,
you withdrew cash from the bank.

This isn't what you think.
There's a misunderstanding...

You also have matching
text message records

with Do Gyuman's subordinate,
Hwang Donghyun.


UP TO 40 MILLION

That's not mine.
It's not my money.

Even though it was found
on your desk?

What?

I think there's been
a misunderstanding.

Phantom has another informant.

Ask Do Gyuman
about money-grubber.

He said they never met in person.

They did anonymous trades to avoid
cases like this, right?

I can explain everything.

Here's what happened...

I never did that.

How could I give
that kind of money to someone?

My housing deposit
isn't even worth 40 million.

No, he definitely gave me


then lent me more through
another account for tax reasons.

Then is there anyone who saw or heard
Inspector Jang give you the money?

I knew he was struggling
with his loan payments,

but I never imagined
he'd take Phantom's bribe.

It's all my fault.
I should've watched over him better.

That means there's no witness
or physical evidence!

Look here.

If you check the documents
Inspector Jang submitted,

he transferred the ownership
of his house

and his car to his ex-wife last year,

and most of his salary
goes toward child support.

He denied everything you've said.

As of now, there's no evidence
to support your claim.

If what you say is true,

it means Inspector Jang
framed you on purpose.

Why would he do that
to his subordinate, huh?

For what reason?

Come on, give us an answer!

Should we clean it up?

IT'S VERY UNLIKELY THAT
KANG EUNSOO ACTED ALONE

Sergeant Choi.

Sergeant Choi?

It was him.
He was the one...

b*stard, where did you
hide the drug?

NAME: KIM MINWOO

We caught him using your drug.

NEXT PAYMENT DUE DATE: 25/11/2021
AMOUNT DUE: 2.3 MILLION WON


UP TO 40 MILLION


Green gate house, in the bedroom blanket.

What's this, boss?

I don't really need big money.

I'll definitely pay you back.

Hey!

How could you?
Out of all people!

Think about your wife and child.

What did you do to my family?

Your accounts should be frozen by now.

If you want your severance,
you'd better act properly.

It's the better choice for your family.

- What are you two doing?
- Don't worry.

It's nothing.

I said it's fine.

I warned you.

I told you not to try so hard.

Yes, counselor.
The documents will be ready tomorrow.

Of course. I'm just doing
some final corrections.

Yes, no problem.

NEWBIE

Hey, it's me.

If you don't make progress by today,
I'm clearing your desk. Got it?

Yes, sir.

Exams are over,
but don't stop studying.

- Maybe read a book.
- Ma'am, please...

And if you can reach
those absent today, let me know.

Yes, ma'am.

Good job on the exam.
Bye.

- Don't, stop it! Please!
- Let go!

Honey! Honey! Honey!

Honey! Honey!
Honey! Honey!

Why didn't you come today?

YOON JINHEE

JINHEE

Jinhee, how long
will you skip school?

Are you okay, sir?

Let go!

Should I keep doing
what you asked for?

Yeah, but move it up a few days.

KANG HWIRIM

I could burn your house down.

Can you handle that?

It's okay, relax.

Mom, you came to pick me up?

Yeah. Well done
on finishing your exams.

You worked hard.

- I think I did well.
- Really?

- What do you want to eat?
- Something tasty.

Eat this.

Stop playing.

- Apologize.
- I'm sorry.

YOU HAVE BEEN HIRED

Bro...

Argh, damn.

- You got it!
- For real?

Let me see.

WE'RE PLEASED TO INFORM YOU
THAT YOU HAVE BEEN HIRED

Junhyun!

Damn old geezer.

He threw an ashtray at me
for selling some stock.

What are you talking about?

I needed cash to buy your stuff,
so I sold some shares. Why?

- How much?
- Why? Will you buy them back for me?

Anyway, give me Vaka.
I'm out.

I don't have it on me.

Sorry, my bad.
I can't grip well these days.

Too bad.
I'll have to call your partner.

My partner?

A lady came to me,
saying she'd sell me everything.

Turns out you've been
ripping me off.

I even bought your damn artwork.

You're the one who said
money laundering via NFT was great.

Whatever, I don't give a sh*t.

First one to bring me Vaka wins.
Got it?

How did Eunsoo find out about Hwirim?

I trusted someone
who only cares for himself.

SHOW HIDDEN APPS

LOCATION TRACKER

LINKED DEVICES - LEE KYUNG, KANG EUNSOO

I really underestimated this b*tch.

BRO

Bro, check TwoN Chairman Kang's
disclosure right now.

I think Kang Hwirim screwed up.

Why does he freak out
whenever I mention TwoN stocks?

You knew about
the IR presentation schedule?

You must've bought a lot.

- Listen to me.
- Yes, Director Kang.

Bring me our shareholder list.

I did the rough grading,
and my average went up.

That's great, sweetie.

But Jinhee turned in a blank sheet.

She hasn't come to school for days.

I heard from girls living
in the same building

that her mom is getting fired,
and her dad is never home.

She's ghosting texts
and won't answer calls.

Honestly, I don't get it.

I understand Jinhee's mom
did something bad,

but it doesn't feel like
she's the only one at fault.

If there's a drug user,
that means there's a seller.

Right, Mom?

Are you crazy?

Can't you see the light?

Are you blind or something?

Are you okay?

I'm sorry...

This is all your fault!

Where's my money?

Mom?

What's wrong, Mom?

Uh, I just... spaced out for a second.

You've been really weird lately.

Is something going on?

Here.

Huh? This is...

It's the school you wanted to attend.

Your favorite painter studied there.

I can't just go because I want to.

If you could, would you?

Delivery job.
Wanna do it?

Mom, I forgot I had plans.
Let's talk at home.

With who? Hey, Sua!

I'll see you later.

I only found out today myself.

The problem is that Chairman Kang
bought twice what Hwirim sold.


one billion won.

We barely stitched together 0.5%.

Even with Austin and the small holders,
we still can't top TwoN's stake.

Austin won't buy more
than what we first offered.

He says profit on price
is all he needs.

IR's around the corner.
We can't get a billion in time.

I can scrape up


I even thought about pulling
Seonjoong Construction's funds.

But if we touch that,
we'll lose our purpose.

- Listen, I'll find a way...
- Kyung.

Let's give up.

It was out of our league.

You and I...
We both did all we could.

I have to go.
I need to be somewhere with Dad.

After you left like that,
he worried a lot.

Even if you give up now,
he'll forgive you someday.

Oh, you're awake.

Where did your guardian go?

- Guardian?
- Your father.

He came as soon as we called.
He was out of breath.

Hey, where are you going?

Dad! Dad! Dad!

I'm sorry!
I'll fix everything, I promise!

- Dad, I promise!
- Stay back.

Dad!

Dad! Dad!

Dad!

Dad!

No.

I'm not giving up.

MOONGANG UNIVERSITY

SUMMONS TO APPEAR
YANG MIYEON

YOU ARE REQUIRED TO APPEAR REGARDING
THE USE OF ill*gal NARCOTICS

DIVORCE APPLICATION

APPLICANT: YOON MOSEOK

I'm home.

Mom?

Mom! Mom...

Mom!

M-Mom, what's wrong?

Mom!

Sir, did you hear everything I said?

Ah, yes.

Please relay it to your guardian

and come together when readmitting.

Honey! Are you okay?

Honey!

Honey!

What's the condition?

Unconscious from
an overdose of sleeping pills.

We'll proceed with gastric lavage.

Honey! Honey! Honey!

Honey!

Honey!

Why are you asking these questions?

My wife has nothing to do
with Miyeon's case.

Mrs. Kang has no direct connection.

Are you implying
there's some indirect link?

I'm curious about that myself.

- Prep quickly.
- Yes, doctor.

Intubating.
Draw the curtain.

Mom... Mom...

Will Mom be okay?

Will she die?
Is Mom going to die?

No one's going to die!

Go home and bring Mom's stuff.
Her clothes and her ID.

It's me... It's my fault...

Hurry!

She probably didn't know
she was pregnant.

I'm sorry.

Where are you? It's urgent.

Is it true we're losing the house?

Honey, it hurts so much.
I'm bleeding like something's wrong.

DONGBU CITY HOSPITAL

Patient Hwang Junhyun
has regained consciousness.

Please come promptly.

You scared me!

STUDY ABROAD TO SHINE

You scared me more.

What brings you here?

I came to check on Dojin.
Wondering what the doctor said.

What's all this?
Are you going abroad?

Seriously? All of a sudden?

For treatment?
You should've told me...

- Must I tell you everything?
- No.

But you're my best friend.

Thanks for helping,
but this is a family matter.

What about the money?

You won't get insured in the US.
What about Sua?

Back off.
It's my business.

My husband and my daughter.

You should leave.
I'll call later.

SUA'S STUDY-ABROAD PLAN

PORTFOLIO DAY

INITIAL SETTLEMENT COSTS

FINAL REQUIRED AMOUNT: 2 BILLION WON

Where did it go?

Where's Sua's stuff?

It's gone.

Oh, you're home.
You left the door open again.

What did the doctor say?

What are you doing?

Sua's passport is missing.
Didn't we renew it?

Why do you need it?

To study abroad, of course.

Abroad?
Is Sua going abroad?

Yeah, a great opportunity came up.

If we miss it, she can't go.
So I made a decision.

I don't think that's
the only decision you made.

INVESTMENT IMMIGRATION:
ONE BILLION WON AFTER 5 YRS OF RESIDENCE

Investment immigration?
Two billion won?

Planning to leave for good?

Is that why you told me
to get my medical records?

How will you get 2 billion?
Explain the police!

Why are they suspecting that
you're involved with Miyeon?

Why do we have to leave?

What have you done?

Uh...

The day after tomorrow?

I wanted to take more time,
but we can't now.

I booked a place and rental car
under your name,

and enrolled you and Sua
in a language school.

Be sure to attend the interview
to get the visa.

- You can get treatment there...
- Stop!

Honey, you know
I've never been wrong.

Can't you trust me just once more?

I'll explain everything later.

Explain now,
or I won't go anywhere.

No, just do as I say.

It's all for our family.

Just shut up and listen to me!

Why wasn't I on this?

Why was I missing?

Thanks for helping,
but this is a family matter.

My husband and my daughter.

We're going to be rich, aren't we?

Of course.

And then,
I'll actually live here.

When I do, I'll open a sauna.

- Fine, you do that.
- Okay.

I want a house with 100 bathrooms.



SUA

Why isn't she answering?

The number you have dialed
could not be reached.

Alright, let's do the deal.

Meet now.

PARTNER

PARTNER

The number you have dialed
could not be reached.

Leave a message after the beep.

KANG HWIRIM

KANG HWIRIM

Yeah.

Come now, and I'll buy from you.
Last chance.

Let's trade here.


SHAREHOLDER REGISTER

SHAREHOLDER REGISTER

GOLD ART GALLERY

Excuse me!
Do you remember me?

I was told Patient Hwang Junhyun
regained consciousness.

Where is he now?

Ah, well...

Thanks for helping.
I owe you a big time.

It's good money.
I had to accept the job.

You're so clumsy.

How could you slip
on a steep road?

I wonder what this is.
It's not actual jelly, right?

Probably sleeping pills
or diet meds.

As long as we get paid.

How will you spend your cut?

Secret.

Good luck.
See you tomorrow.

Let's become rich and eat tteokbokki.

- I'm off.
- Bye.

E-TICKET

FROM INCHEON TO SEATTLE

What the hell?

Who are you?

I did it!

We're here.

SUA

INVESTIGATION REPORT
NEW SUSPECT FOR PHANTOM METH

DRUG TASK FORCE
SGT. CHOI KYUNGDO

INSPECTOR JANG

NEWBIE

Excuse me.

I'm here to file a report.

WALKING ON THIN ICE

It was you.
You made her that way!

I have a condition... James.

Run!

Maybe you and I
are not so different.

Mom, what will happen to me?

We can't let him drag us around forever.

Anyone who touches
my daughter or my family...

I will k*ll.