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Bang Si-hyuk faces arrest risk amid misleading shareholders in Hybe IPO case

Bang Si-hyuk faces possible arrest in a fraudulent trading case linked to HYBE’s IPO, with authorities nearing a decision on a warrant, while the company denies wrongdoing and cooperates with the ongoing investigation into alleged shareholder misinformation

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HYBE chairman Bang Si-hyuk is facing serious legal trouble as reports suggest that authorities in South Korea are considering seeking his arrest in connection with an alleged fraudulent trading case. The development comes after a long-running investigation linked to the company’s initial public offering (IPO).

Bang Si-hyuk in a legal trouble

According to reports, the probe has now reached its final stages, with police indicating that the legal review is “nearly complete.” Officials have also confirmed that the possibility of an arrest warrant is currently under consideration, though no final decision has been announced yet.

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