Archive · 1 Feb 2026

Prosecutors probing HYBE chairman transferred amid fraud case

Prosecutors probing HYBE chairman transferred amid fraud case

Bang Si-hyuk, also known as Hitman Bang, is the chairman of HYBE, a big music company.

He is being investigated for possibly breaking the rules about stock trading.

The people investigating him have been moved to different jobs.

This happened because the government is reorganizing the prosecutors' office.

Bang is accused of telling shareholders that the company's listing would be delayed in 2019, even though the company was actually preparing for it.

The police have also stopped him from traveling outside the country.

Around 927 prosecutors were moved in this big change.

Sources