police-Hybe chairman

▲ Hybe Chairman Bang Si-hyuk (L) attends an APEC event in the southeastern city of Gyeongju on Oct. 29, 2025, alongside BTS member RM, in this photo provided by the company. (PHOTO NOT FOR SALE) (Yonhap)

▲ Hybe Chairman Bang Si-hyuk (C) speaks to reporters as he arrives at the Seoul Metropolitan Police Agency in the capital on Sept. 15, 2025, for questioning over unfair stock trading allegations. (Yonhap)

police-Hybe chairman

Police seek arrest warrant for Hybe chairman over alleged unfair stock trading

SEOUL, April 21 (Yonhap) -- Police said Tuesday they have filed for an arrest warrant for Bang Si-hyuk, the chairman and founder of K-pop powerhouse Hybe, on suspicions of unfair stock trading.

Bang has been under investigation over allegations that he deceived investors in 2019 into selling their shares in Hybe and then holding an initial public offering for the company, through which he pocketed nearly 200 billion won (US$135.9 million) in illegal profits.

(END)

[Copyright ⓒ K-VIBE. All rights reserved. Unauthorized reproduction and redistribution are prohibited.]