Story thread · 2 reports / 2 sources

HYBE Founder Bang Si-hyuk Sent to Prosecutors; Court Freezes $193M in Alleged Gains

techtimes.com · 11dShare

HYBE Bang Si-hyuk fraud prosecution reaches a pivotal moment: South Korean police Thursday referred the BTS label founder to prosecutors for alleged Capital Markets Act violations, and a Seoul court simultaneously froze $193 million in alleged IPO gains. Bang has denied all wrongdoing; prosecutors now hold full discretion over whether to indict.

First report: Hybe Chairman Bang Si-hyuk referred to prosecutors over alleged unfair trading — koreaherald.com, 12d