Variety ·entertainment ·1 hour ago

Seoul police seek arrest warrant for Hybe founder Bang Si-hyuk

Seoul police sought an arrest warrant for Bang Si-hyuk, founder of K-pop agency Hybe, over alleged securities fraud linked to the company's public listing. Authorities claim he induced early shareholders to sell their stakes under false pretenses, potentially earning KRW190 billion ($129.1 million) in illegal profits. A court must approve the warrant before his detention can occur.

Summary by Glance · Variety

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