According to MBN on October 1, the Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit banned Chairman Bang Si Hyuk from leaving the country for violating the Capital Markets Act. Bang is accused of violating the Act by deceiving existing HYBE investors, including venture capitalists, in 2019 by claiming no plans for an initial public…
According to MBN on October 1, the Seoul Metropolitan Police Agency’s Financial Crimes Investigation Unit banned Chairman Bang Si Hyuk from leaving the country for violating the Capital Markets Act. Bang is accused of violating the Act by deceiving existing HYBE investors, including venture capitalists, in 2019 by claiming no plans for an initial public…

