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Korea Exchange Offices Raided on Monday over HYBE IPO Suspicions, Police Say
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5 Articles
(Seoul = Yonhap News) Reporter Jang Bo-in = Police investigating allegations that Bang Si-hyuk, chairman of Hive, violated the Capital Market Act recently raided the Korea Exchange and other locations.
"Stock price manipulation that occurred in May 2023... Financial authorities virtually neglected for 1 year and 3 months" claim Expanded investigation of Korea Exchange, Financial Supervisory Service, and Financial Services Commission needed... Plans to submit a request for compulsory investigation to special prosecutors [Digital Daily Reporter Park Ki-Rok] Rep. Shin Jang-Sik (National Assembly Political Affairs Committee) of the Democratic Part…
Korea Exchange offices raided on Monday over HYBE IPO suspicions, police say
Police raided Korea Exchange offices on Monday as part of their investigation into the alleged violation of the capital markets law by Bang Si-hyuk, founder and chairman of K-pop agency HYBE.
━ Police, who rejected the warrant for 'Hybe' twice, finally seized and searched the company, 'Hybe', a true top entertainment company that owns BTS, New Jeans, Tomorrow X Together, Boy Next Door, and Le Seraphim, which are scheduled to make a 'full group comeback' next spring.
Bang Si Hyuk Questioned by Financial Regulators Over Alleged Fraud in HYBE IPO Deal - ZAPZEE - Premier Korean Entertainment Magazine
Credit: Yonhap News HYBE Chairman Bang Si Hyuk has been summoned and questioned by the Financial Supervisory Service (FSS) over alleged fraudulent trading violations tied to HYBE’s IPO. This marks the first time since late 2023—when Kakao’s Kim Beom Su was summoned—that the FSS has launched an official investigation into a top executive of a major conglomerate. According to sources in the finance and entertainment industries, Bang appeared at th…
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