Industry Sep 4, 2026
HYBE Chairman to Be Referred to Prosecutors Without Detention
In short
The move would close a police investigation into the K-pop company's 2020 stock market listing that has been running since December 2024.
Originally published by
Music Business Worldwide
Korean police have stated that HYBE Chairman Bang Si-hyuk will be referred to prosecutors this week, though he will not be detained. This action follows two previous attempts by the police to secure an arrest. The investigation concerns HYBE's 2020 stock market listing.
The police investigation has been ongoing since December 2024. The referral to prosecutors without detention signifies a potential conclusion to this inquiry into the K-pop company's financial dealings. Originally reported by Music Business Worldwide.
The police investigation has been ongoing since December 2024. The referral to prosecutors without detention signifies a potential conclusion to this inquiry into the K-pop company's financial dealings. Originally reported by Music Business Worldwide.