Prosecutors reject second police request to raid HYBE in Bang Si-hyuk market violation probe

Prosecutors have rejected a police request for a search warrant to raid K-pop agency HYBE’s headquarters over allegations that Chairman Bang Si-hyuk misled former shareholders.

2025-06-16

Police seek to raid HYBE's headquarters in chairman's fraud investigation

HYBE faces legal issues as police seek a search warrant related to founder Bang Si-hyuk's alleged fraud, following prior investigations of insider trading.

2025-05-29

Financial watchdog to refer HYBE CEO to prosecution on fraud allegations

The financial watchdog will report Bang Si-hyuk, founder and chairman of K-pop powerhouse HYBE, for lying to shareholders so that they would sell their shares to a private fund run by Bang's acquaintance, a report said Wednesday.

2025-05-28

HYBE chairman summoned to testify in Kakao founder's stock manipulation trial

Bang Si-hyuk, chairman of entertainment giant HYBE, has been summoned to testify in the stock manipulation trial of Kakao founder Kim Beom-su, who is accused of violating Korea’s Capital Markets Act concerning the acquisition of SM Entertainment.

2025-05-13

K-pop giants rally against NewJeans, group blames HYBE for trying to derail 'debut' as NJZ

As members of girl group NewJeans ready themselves for their “second debut” next month, K-pop industry organizations are saying that the success of NJZ could ruin the whole scene.

2025-02-20

HYBE Chairman Bang accused of pocketing $285 million in 'undisclosed' deal

Korea's financial regulator is investigating HYBE's IPO amid claims that Chairman Bang Si-hyuk gained 400 billion won through undisclosed agreements, raising concerns over potential violations and losses for individual shareholders.

2024-12-02

Min Hee-jin 'still determined to take legal measures' against HYBE after leaving ADOR

Min Hee-jin is leaving NewJeans' agency ADOR and ending her contract with HYBE, but is "still determined to take legal measures against all of HYBE's illegalities," the former ADOR CEO said Wednesday.

2024-11-20

NewJeans' Hanni reveals industry's lack of artist rights during National Assembly testimony

An alarming disparity in the way that a K-pop agency treats its artists and the artists’ rights as workers was revealed at the National Assembly on Tuesday.

2024-10-15

'We are all human': NewJeans' Hanni sheds tears during testimony at National Assembly

NewJeans member Hanni shed tears in front of the National Assembly's Environment and Labor Committee as she testified on a workplace harassment allegation raised last month.