🚨 HYBE SHOCKER! Bang Si Hyuk BANNED From Travel Over $135M Scandal?! 😱
Can you believe the mastermind behind BTS, HYBE Chairman Bang Si Hyuk, has been *barred from leaving South Korea* by the police? This shocking development has sent ripples through the K-pop world as investigations intensify into suspected fraudulent trading. It all stems from allegations that back in 2019, prior to HYBE's highly anticipated IPO, Bang Si Hyuk misled existing investors, supposedly convincing them to sell shares by falsely claiming there were no plans for the company to go public. Police are now looking into whether HYBE was already preparing for its massive IPO at that very time. The plot thickens as it's alleged that after HYBE went public, a special purpose company sold these acquired shares, with Bang Si Hyuk reportedly pocketing an astounding 190 billion won—that’s roughly $135 million—under a prearranged agreement! While HYBE maintains they complied with all laws, Bang Si Hyuk has already been summoned for questioning twice, and the travel ban was imposed immediately after he returned from a business trip to the U.S. This is a dramatic turn for one of K-pop's most influential figures, and we'll keep you updated on every twist and turn. Don't miss out on the latest K-pop news; make sure to hit that subscribe button!
Tags/Hashtags: #hybe #ipo #hybe
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