Police seek arrest warrant for HYBE chairman over alleged unfair stock trading

HYBE Chairman Bang Si-hyuk speaks to reporters as he appears for questioning at the Seoul Metropolitan Police Agency, Sept. 15, 2025. Korea Times photo by Kang Ye-jin

Police said Tuesday they have filed for an arrest warrant for Bang Si-hyuk, the chairman and founder of K-pop powerhouse HYBE, on suspicions of unfair stock trading.

Bang has been under investigation over allegations that he deceived investors in 2019 into selling their shares in HYBE and then holding an initial public offering for the company, through which he pocketed nearly 200 billion won ($135.9 million) in illegal profits.

Source: Korea Times News