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Why police are seeking to arrest billionaire K-pop mogul behind BTS
South Korean police have requested prosecutors to obtain a court arrest warrant for billionaire K-pop mogul Bang Si-hyuk, founder of Hybe and creator of BTS, over allegations of fraudulent trading ahead of Hybe’s 2020 IPO. Bang is accused of misleading investors in 2019 by denying plans for a public listing while secretly preparing for it, allegedly pocketing 200bn won ($136m) in illicit proceeds, though he and Hybe have repeatedly denied wrongdoing.
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0- First seen
- Apr 22, 2026, 6:28 AM
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- Apr 22, 2026, 8:05 PM
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8 tagsK-pop mogul arrestfraudulent tradingHybe IPOBang Si-hyukBTS founderstock manipulationillicit proceedsarrest warrant request
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1 evidence itemsWhy police are seeking to arrest billionaire K-pop mogul behind BTS
News · 1Apr 22, 2026, 6:28 AMOpen original source
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Why police are seeking to arrest billionaire K-pop mogul behind BTS
Apr 22, 2026, 6:28 AM
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