HYBE Chairman Bang Si-hyuk Faces Possible Arrest as South Korean Police Seek Warrant

South Korean police seek a detention warrant for HYBE chairman Bang Si-hyuk over alleged illegal trading tied to the entertainment conglomerate's 2020 public offering. According to the Seoul Metropolitan Police Agency, Bang allegedly violated capital market laws by misleading early investors before the list of the company - which is the home of powerhouse groups like BTS, SEVENTEEN and KATSEYE - by directing them to sell shares to a private equity fund that is said to be linked to his associates. Police claim that, after HYBE went public in 2020, the fund in-question sold its stake, . . .