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.
short by
Ishita Ranganath /
10:26 pm on
18 Jul