Archive · 26 Jul 2025

HYBE Faces Fraud Investigation After Raid; Employees Told to Focus

HYBE Faces Fraud Investigation After Raid; Employees Told to Focus

Imagine a big music company, HYBE, that manages famous K-pop groups like BTS.

The company's boss, Bang Si-hyuk, is being investigated because people think he did something sneaky with money.

The government thinks he might have tricked investors.

The company's headquarters were raided by the police.

HYBE sent an email to its workers, telling them not to worry too much and to keep doing their jobs.

The boss might have broken some rules to make money.

The company says they are cooperating with the police.

If found guilty of wrongdoing, the boss could face jail time or a huge fine.

Sources