[Breaking News] Police apply for arrest warrant for HYBE Chairman Bang Si-hyuk over 'suspicion of irregular trading'
Published:
Heo Jihyung
*This content was translated by AI.
[Seoul=NEWSIS] Reporter Kim Geun-soo = Chairman Bang Si-hyuk of HYBE is answering reporters' questions before appearing for questioning at the Financial Crime Investigation Division of the Seoul Metropolitan Police Agency's General Investigation Team in Mapo-gu, Seoul, on the morning of the 15th. Chairman Bang is accused of telling existing HYBE investors in 2019, before HYBE's listing, that there were no plans for an initial public offering (IPO), and then directing them to sell shares to a special purpose corporation (SPC) established by a private equity fund with which he is associated. 2025.09.15. ks@newsis.com /Photo=Kim Geun-soo
Police announced on the 21st that they have applied for an arrest warrant for HYBE Chairman Bang Si-hyuk.