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BTS label HYBE's Chairman under probe for $290 mn fraud: Report
short by Ishita Ranganath / on Friday, 18 July, 2025
The Chairman of HYBE Corporation, K-pop group BTS' label, Bang Si-hyuk is under investigation for fraudulent and unfair trading, reported Allkpop. The Financial Services Commission (FSC) reportedly filed a complaint against Bang and other ex-HYBE executives for deceiving shareholders by denying plans for IPO in 2020, which led them to sell shares to a private equity fund linked to Bang.
read more at Moneycontrol.com