In a surprising turn of events, the home of Bang Si Hyuk, founder of the global music powerhouse HYBE Corporation, was searched by the Special Judicial Police for Capital Markets on December 19, 2025....
In a surprising turn of events, the home of Bang Si Hyuk, founder of the global music powerhouse HYBE Corporation, was searched by the Special Judicial Police for Capital Markets on December 19, 2025. The raid is part of an ongoing investigation into alleged financial fraud within one of South Korea's leading entertainment companies. Details of the Raid and Investigation The search took place at Bang Si Hyuk's residence in Seoul's affluent Gangnam district, a location synonymous with South Korea's elite. The Special Judicial Police for Capital Markets, known for investigating high-profile financial cases, executed the search warrant early in the day, aiming to collect documents and electronic data that could provide insights into alleged financial misconduct. HYBE, home to globally renowned K-pop acts like BTS, SEVENTEEN, and ENHYPEN, has recently been scrutinized for its financial practices amid a rapidly expanding portfolio. The company's stock has experienced significant fluctuation...