2019CORE

Police Allege Existing Investors Were Induced to Sell Shares Before HYBE's IPO

Police allege that Bang Si-hyuk induced existing investors to sell their HYBE shares to a particular private equity fund in 2019 while preparations for an IPO were underway. Bang's side denies the allegations.

Bang Si-hyuk
HYBE

Sources

Police Refer HYBE Chair Bang Si-hyuk to Prosecutors over Alleged Effort to Induce Existing Investors to Sell Shares
Yonhap News AgencyKOSep 3, 2026News article

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OngoingEconomy · Culture · 2019

Bang Si-hyuk and HYBE Pre-IPO Investor Fraud Allegations and Investigation

Tracks police allegations that Bang Si-hyuk induced existing HYBE investors to sell shares before the company's IPO, followed by raids of the Korea Exchange and HYBE, suspect questioning, returned arrest-warrant requests and the 2026 referral to prosecutors.

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