Entertainment x BTS x Politics x EXPOSED

When Bang went public with Hybe, I followed for 5 months and investigated everything he did. I said already back then, that taking the company public and selling stocks, was built on a big, BIG fraud. I also wrote a few days ago in the Ador/New Jeans Thread, that this thing with New Jeans is about Bang and something bigger, which is why New Jeans are getting all those lawyers and support.

I WAS RIGHT.
Because that's the bitter part of my life, I have seen all those things sine I remember and notice when something isn't right and the direction as to why.
If found guilty, he faces life in prison.
I doubt they will find enough witnesses to secure any conviction and there have been mild attempts in the past to shake him a bit and this does NOT come from the government. This is internal, behind closed doors, between different powerful people, we don't even know exist.


Financial watchdog to refer HYBE CEO to prosecution on fraud allegations​

Published: 28 May. 2025, 21:26
  • 기자 사진
  • YOON SO-YEON
  • yoon.soyeon@joongang.co.kr
Bang Si-hyuk, founder and chairman of HYBE, at a conference held in Seoul on Feb. 20 [NEWS1]

Bang Si-hyuk, founder and chairman of HYBE, at a conference held in Seoul on Feb. 20 [NEWS1]

The financial watchdog will report Bang Si-hyuk, founder and chairman of K-pop powerhouse HYBE, for lying to shareholders so that they would sell their shares to a private fund run by Bang's acquaintance, a report said Wednesday.

According to a report by The Korea Economic Daily, the Financial Supervisory Service (FSS) has gathered evidence that Bang lied to HYBE shareholders in 2019 before the company went public on the Korea Exchange.

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He allegedly told shareholders that he had no intention of taking the company public and provided them with false information to persuade them to sell their shares to a private equity fund (PEF) founded by one of his acquaintances.

Bang was even promised 30 percent of the investment profit from the PEF, which paid him 400 billion won ($291 million), according to the report.

If found true, Bang's actions would constitute fraudulent activity under the Financial Investment Services and Capital Markets Act.

The FSS has gathered “multiple documents” that Bang and HYBE proceeded with plans to take the company public while simultaneously assuring early investors that there were no such plans, according to the report.

Bang Si-hyuk, chairman of K-pop powerhouse HYBE, talk with other attendants at the 64th general meeting of The Federation of Korean Industries (FKI) at the FKI Tower conference center in western Seoul on Feb. 20. [YONHAP]

Bang Si-hyuk, chairman of K-pop powerhouse HYBE, talk with other attendants at the 64th general meeting of The Federation of Korean Industries (FKI) at the FKI Tower conference center in western Seoul on Feb. 20. [YONHAP]

The FSS is closely scrutinizing activity from late 2019. Existing shareholders had sent an email urging Bang and HYBE to take the company public, to which the company replied in September and October 2019 that it was “impossible under current circumstances.”

HYBE signed with Ernst & Young as the underwriter in November 2019. The company listed on the Korea Exchange stock market in October 2020.

“All transactions took place within the boundaries of law, after they were overseen by legal experts,” HYBE said.

The FSS plans to fast-track the case to prosecutors once its investigation concludes, according to the report.

Article 443 of the Capital Markets Act stipulates that a fraudulent financial act that has resulted in more than 5 billion won in profit can lead to a prison sentence of five years to life.



He needs to get life
 
He needs to get life
I speculate that who ever is behind new Jeans îs behind this story. Which, doesn’t make sense. Back then, the issue I pointed out, was related to the fact, that you can’t go public with your entire company depending on ONE band. in this case, BTS.
Yet, the trading commission gave them the ok. That’s the bigger fraud.
Whatever he MIGHT have told investors…who cares. Did they invest because he ASSURED them that he won’t go public?
This story is so fishy and messed up. As always, they don’t go after people for the real crimes they committed, because it would exposed their own, but they go after things that don’t make sense, only to influence public’s opinion.

What about BTS. they are the ones kissing and wooing the biggest pervs and gay pedos.
Haven’t seen Bang doing this. The only thing I’ve seen bang doing, is that Grammy scene with him touching Jimin’s butt.

Of course. I am exaggerating. He is evil and God knows what he has done.
Rather than arresting them for the evil they done, the idea of “kpop”, they go after some fiscal irregularities.
Rest assured, the timing and the whole min hee jin / new jeans lawsuit + their backers and their perverted politicians, is related deep to this bang story.
There is one thing that bang did good - he and BTS were quite quiet and kept enough distance from the political figures, with some exceptions of some “incidents” over statements of Namjoon who wanted to play the “intelligent” card and I believe taehyung, tough I don’t remember exactly at this point.
They performed when they were asked, tried to avoid military but no comments were made when it didn’t matter, and the silence around it speaks more about it than it appears.
Ever since that president got kicked out, things changed, also because of the USA situation.
They were active under the president before. And were active after.

State’s attorney, financial “overwatch”, police, judges…they don’t go after big people, for …justice’s sake. They go when they’re told to do so, by whoever holds the power over them. They play other games between them, with everybody involved keeping the secret of the game, which is why you never find out anything.
When the story with Epstein erupted, it didn’t come out to light because a monster was caught. It was because he probably either blackmailed the wrong person, or was holding too much power and something like this, for a single person, is unacceptable.

What about ghislaine Maxwell ?


She a got a free-jail-card- out of this Story (her lawyer is correct. She had a deal with United States)
Why? Because it’s about power and not law. Not right vs wrong. Not criminals vs victims.
 
notice the comments...



He fooled around with some investment, and the fault will fall on the advisor. IF anything. It's interesting, how this "evidence' comes up to light NOW.
Someone wants him removed very badly and they tried the same last year.
From what I see, someone is coming out of the blue with these allegations. at an interesting timing and MinHee Jin wouldn't have dared to go against Bang, without someone at least at the same level of power-holding, as a backer.

One of the investment companies is jewish owned. Siri's second largest investor is MIRI Capital. Owned by Benjamin Griffith.





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check out the comments from newjean`s "fan account"


Korean Economy
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[Exclusive] Bang Si Hyuk 향 Blade head ... "Fraudulent transaction when the hive is listed"​

Enter 2025.05.28. 6:18 p.m.

Modified 2025.05.29. 2:07 a.m.
Article Source
Choi Seok-chul Reporter Cha Joon-ho reporter
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PEF
received KRW 400 billion and commissioned Geumwon to investigate▶Market Insight May 28, 4: 40 p.m.


Bang Si-hyuk Hive Chairman, Hive Office / Photo provided=Hive

Bang Si-hyuk Hive Chairman, Hive Office / Photo provided=Hive
Financial Director of Hive founder Bang Si-hyuk Chairman of fraudulent fraud transactions The policy is to refer the prosecution to investigate the allegations.

▶Main page November 29, 2024 A1, See Page 3

According to the industry on the 28th, the 2nd bureau of Geumwon investigation, the chairman of the room said that the 2019 hive “There is no IPO plan”to existing investors, tricked into holding a stake We have obtained circumstantial evidence to sell to PEF, founded by an acquaintance of the chairman of the room.. To shareholders in the situation of promoting the listing, such as applying for an IPO designation audit It means that you shed false information and sold it. The Chairman of the Room signed an agreement with the PEF to share 30% of the investment profits, worth KRW 400 billion It was settled. The agreement between their shareholders is not listed on the securities declaration during the listing process Did.

Geumgamwon said that the things that happened during the Hive listing process were under the Capital Market Act It was determined to be a fraudulent fraudulent transaction. Geumgwon completed the relevant investigation in the early hours and fast track(As an emergency measure), we plan to notify the prosecutor. The Seoul Police Department's Wide-area Investigation Unit's Financial Crimes Investigation Unit also has the same case. We're investigating.

Hive officials said: "All transactions are legal under legal borders after legal review It was done, " he said.
Bang Si-hyuk, "Not listed"to investors...Misconduct that led aides to sell their stake in PEF
When confirmed, it is inevitable that the police investigation is already in progress.
Chairman Bang Si-hyuk, who sat on the money cushion as the financial authority listed the Hive(photo)and Private equity fund (PEF) - related investigations have made progress. It has been six months since the paper reported the related allegations. The Financial Supervisory Board initially hive related to violations of securities filings In dealing with the case, he recently switched to an unfair trade investigation. The bureau also changed from three Bureau of Investigation to two Bureau of Investigation. Belatedly, we're quickly investigating allegations of fraudulent fraud. There are. If Geum-won notifies the prosecutor sooner or later as a fast track(emergency measure), A full-scale investigation is expected.
◇”No plan " IPO designation audit
0005137881_002_20250529023511185.jpg

According to the Investment Bank(IB)industry on the 28th, the two Bureau of Geumwon survey disclosed the hive companyBefore the IPO, the stake of existing investors was chaired by the chairman of the room and the ' profit Deliberate in the process of being sold to PEF, an entourage who signed a 'Share' agreement Secured evidence that there was a cover-up or distortion of information. Hive and Chairman of the Room, etc., have no plans to list existing investors. At the same time, we collected a number of evidence that the company was in the process of listing Reported that.

Chairman of the Room, Hive(then Big Hit) listed in October 2020 Previous Stick Investment, Easton Equity Partners (Easton PE), Newmain Equity, etc. Sequentially, agreements were made between shareholders. The Chairman of the Room agreed to receive about 30% of the profit from the sale of these PEFs after the IPO through the agreement If the IPO fails within the deadline, the company decided to buy the stake back to the individual.

Stick and Easton PE and Newmain Equity contracted with the chairman of the room, respectively A number of hives from institutions such as Venture Capital(VC) throughout 2018 and 2019 Bought shares. Stick invested KRW 103.9 billion in October 2018, with institutional investors such as LB Investment(6.08%) Purchased 12.4%of the stake held. From June to November of the following year, the new PEF was founded by an aide to the chairman of the room Alpenroute Asset Management, which was an existing shareholder of Easton PE and Newmain Equity, and About 11.4% stake from LB Investment, former Vice President Choi Yoo-jung, etc. Bought for 130 billion won.

0005137881_003_20250529023511221.jpg

It is the end of 2019 when Geumgam-won is intensively looked into. In addition to covering this area, existing investors such as Legend Capital are Easton Room chairman and Hive in 2019, just before the time of the sale of PE·Newmain Equity Sent an official email urging the side to prepare for listing It was confirmed that. The Hive was attended by executives such as the Chief Executive officer in September-October of that year After opening an internal review committee and discussing it officially, the current level of corporate value is We sent an answer stating that it was not possible to list. In the industry, the fledgling PEF will draw a huge stake from existing investors On the background that could have been, Hive's answer had an impact. I'm watching. If the listing is lost, the red light will also be lit to recover the investment of existing investors Because.

Geum Won has a number of evidence that Hive was conducting an IPO at the time It is said to have been secured. Hive is a designated auditor for the IPOmandatory procedure in November 2019 with Hanyoung Accounting Corporation Signed a contract. For this purpose, it is understood that you have already applied for a designated audit before September of that year. When applying for a designated auditor, the representative's contract or the Board's minutes You must submit documents to prove that you are promoting the listing, etc. & gt; Existing investors do not have a listing plan, but the financial authorities do not have a listing plan He said he had a doctor and he had a double act in applying for a designated audit. will.
◇Total investigation power to financial authorities and police
If the investigation by Geumwon and the Prosecutor's office confirms misconduct in the transaction between the chairman of the room and the PEF, The vision that it will be difficult for the parties to avoid significant punishment Comes out. According to Article 443 of the Capital Markets Act, profits obtained or evaded by violations If it is more than KRW 5 billion, it will be aggravated by weapons or imprisonment for more than 5 years It is prescribed. The Seoul Police Department's Financial Crimes Investigation Unit is investigating the same matter. Reported that. The police investigation has already been conducted in large part, apart from the Geumwon Investigation. It's the back door.

The financial authorities also have the power and symbolism of this matter to the capital market It is reported that we will respond strictly in consideration. An undisclosed agreement between a non-listed majority shareholder and PEF in the public offering market If the structure in which huge profits are distributed is acquiesced, market confidence is This is because of the concern that the roots may be shaken.

“Hive case is a contract in the IPO process, " said a financial investment industry official Typical suspicion of fraudulent transactions in which the pursuit of saic is complex ”If the authorities don't set clear standards in this matter, “he said. Similar cases will be frequent."

최석철 기자 dolsoi@hankyung.com차준호 기자 chacha@hankyung.com
 

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more bullshit articles / propaganda

"Industry insider says BTS is fully capable of making a comeback without Bang at the helm"

Also, stupid comments:

“I don’t understand why someone who should be focused on leading the company and supporting BTS from behind keeps getting embroiled in controversies,” said Choi, a 31-year-old fan of BTS. “With all seven members preparing for their comeback, I worry this could cause unnecessary setbacks.”

Honey, OBVIOUSLY YOU DON'T UNDERSTAND NOTHING






To make one thing clear:
illegalities are running at every second.
The people in charge decide when to go against it, based on the interest, not illegality/fraud/crime.

 
“I don’t understand why someone who should be focused on leading the company and supporting BTS from behind keeps getting embroiled in controversies,” said Choi, a 31-year-old fan of BTS. “With all seven members preparing for their comeback, I worry this could cause unnecessary setbacks.”
I beg to differ from fan Choi's statement- it's not an "unnecessary setback", but a necessary one- I always said it would be a matter of time when Hybe & Bang's kingdom would come crumbling down- I just hope the BTS members are making plans to really go their separate ways this time & not allow themselves or anyone else to persuade them to stick together, because at this point, their comeback will not be as strong as it was when they 1st started out. Their solo efforts (post military), have been "meh" at most.
 
“I don’t understand why someone who should be focused on leading the company and supporting BTS from behind keeps getting embroiled in controversies,” said Choi, a 31-year-old fan of BTS. “With all seven members preparing for their comeback, I worry this could cause unnecessary setbacks.”
I beg to differ from fan Choi's statement- it's not an "unnecessary setback", but a necessary one- I always said it would be a matter of time when Hybe & Bang's kingdom would come crumbling down- I just hope the BTS members are making plans to really go their separate ways this time & not allow themselves or anyone else to persuade them to stick together, because at this point, their comeback will not be as strong as it was when they 1st started out. Their solo efforts (post military), have been "meh" at most.

Looking back, I think that, besides of the main "bomb", that made them famous - the fake selling numbers to draw attention, and their jewish affiliation from around 2018 - their fame....well...I should rephrase.
They all had some "cuteness" when the inflated their numbers and looked different than exo. They were successful in drawing the attention of numerous rich fans, combined with the extreme gayness of all of them, which drew the attention of the jewish pedophiles in the USA.
The problem was always, that their fame is based on a big air bubble, and fans were living off that memento, which wasn't even real.
It was somehow obvious, when their latest releases (dynamite, butter, etc.) were that awful, that many of their fans...gently expressed their. not that they were giving bad comments, but weren't pleased. That's when a lot of the older content started to appear.
To emphasize even more on their fan's obsession vs quality, there was almost next to zero content during the past year. It's as if they don't existed, because there is nothing to remember about. Nothing to rewatch, nothing to listen.

The problem with BTS and this format, is that it's built on a obsession limited by time. Yes, most of their fans will follow their content when they'll be back, but in my opinion, it will be a forced project and a failure.

BTS's members - and I said it from the start - aren't innocent, poor guys. They are equally responsible for everything that people are saying bad about Bang/BigHit/etc. in relation with BTS.
Rather than acknowledging how they are selling a lie - which became more and more disturbing, amongst others, as they were intentionally letting their fans ABUSE everyone on the internet (and also doxxing) - and do the best out of it, their greediness caused this mess right now. What I mean by that: they should have milked everything out of the situation and postpone the enlistment as much as possible, concentrating on Jungkook and Taehyung, since they are the only ones people care about.
Jungkook going solo before enlistment should have been the highlight of BTS's past 10 years. Instead, it was a bitter failure. On top of that, that junkie was sick all the time, from his drug-induced low immune system, was bloated, fat and his short appearances scream - give me a few pennies before I leave.

It was a waste of a big moment, that could have meant the highlight of his and their career.

Whenever something went negative with BTS, everyone was blaming Bang/Hybe/ etc. People always forget, that it is BTS. Not bang, not bighit. BTS.
If Jungkook would have wanted to go solo big time, he would have taken this route . I mean...he wanted to get tattoos all over his body - he got tattoos. He was told to stop doing live while being drunk - he did it even more.
They are told to never create any situations involving other females - he constantly approached fans, or underage girl and sent private messages.

The list goes on and on.

When it comes to his BIG SOLO MOMENT, he didn't even bothered to prepare. He just got drunk and drugged himself on a daily basis.

No, this isn't Bang fault. Bang should have kicked his ass long time ago, but Bang's value is related to BTS.
They try to bring now plans removing Bang, because they also know, that this BTS lie cannot go for any longer.
Yes, the company didn't suffered a major hit, with BTS being gone. But it most likely came at high costs and a lot of work.
What I notice more and more, is that their fans, who fanatically treated BTS and Bang/the company, as being one thing, are now told and brainwashed into taking the route, where BTS is not BigHit and Bang is harming BTS.

Well....wait a minute...it's either one, or the other.

The most interesting untold story, is - WHO is behind all these attacks against Bang and the company.
Their fanatic fans should preoccupy themselves with this question. Someone has been trying for a long time, to get rid of Bang.
I wonder who.
 
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the fact, that they can't do ONE DAMN NOT-WEIRD and freaky photo session, says actually...everything.

 

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What I was saying about 10 minutes ago?? hahaha.
he won an award LAST YEAR and they are talking NOW about it? while news about Bang are coming in?


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Looking back, I think that, besides of the main "bomb", that made them famous - the fake selling numbers to draw attention, and their jewish affiliation from around 2018 - their fame....well...I should rephrase.
They all had some "cuteness" when the inflated their numbers and looked different than exo. They were successful in drawing the attention of numerous rich fans, combined with the extreme gayness of all of them, which drew the attention of the jewish pedophiles in the USA.
The problem was always, that their fame is based on a big air bubble, and fans were living off that memento, which wasn't even real.
It was somehow obvious, when their latest releases (dynamite, butter, etc.) were that awful, that many of their fans...gently expressed their. not that they were giving bad comments, but weren't pleased. That's when a lot of the older content started to appear.
To emphasize even more on their fan's obsession vs quality, there was almost next to zero content during the past year. It's as if they don't existed, because there is nothing to remember about. Nothing to rewatch, nothing to listen.

The problem with BTS and this format, is that it's built on a obsession limited by time. Yes, most of their fans will follow their content when they'll be back, but in my opinion, it will be a forced project and a failure.

BTS's members - and I said it from the start - aren't innocent, poor guys. They are equally responsible for everything that people are saying bad about Bang/BigHit/etc. in relation with BTS.
Rather than acknowledging how they are selling a lie - which became more and more disturbing, amongst others, as they were intentionally letting their fans ABUSE everyone on the internet (and also doxxing) - and do the best out of it, their greediness caused this mess right now. What I mean by that: they should have milked everything out of the situation and postpone the enlistment as much as possible, concentrating on Jungkook and Taehyung, since they are the only ones people care about.
Jungkook going solo before enlistment should have been the highlight of BTS's past 10 years. Instead, it was a bitter failure. On top of that, that junkie was sick all the time, from his drug-induced low immune system, was bloated, fat and his short appearances scream - give me a few pennies before I leave.

It was a waste of a big moment, that could have meant the highlight of his and their career.

Whenever something went negative with BTS, everyone was blaming Bang/Hybe/ etc. People always forget, that it is BTS. Not bang, not bighit. BTS.
If Jungkook would have wanted to go solo big time, he would have taken this route . I mean...he wanted to get tattoos all over his body - he got tattoos. He was told to stop doing live while being drunk - he did it even more.
They are told to never create any situations involving other females - he constantly approached fans, or underage girl and sent private messages.

The list goes on and on.

When it comes to his BIG SOLO MOMENT, he didn't even bothered to prepare. He just got drunk and drugged himself on a daily basis.

No, this isn't Bang fault. Bang should have kicked his ass long time ago, but Bang's value is related to BTS.
They try to bring now plans removing Bang, because they also know, that this BTS lie cannot go for any longer.
Yes, the company didn't suffered a major hit, with BTS being gone. But it most likely came at high costs and a lot of work.
What I notice more and more, is that their fans, who fanatically treated BTS and Bang/the company, as being one thing, are now told and brainwashed into taking the route, where BTS is not BigHit and Bang is harming BTS.

Well....wait a minute...it's either one, or the other.

The most interesting untold story, is - WHO is behind all these attacks against Bang and the company.
Their fanatic fans should preoccupy themselves with this question. Someone has been trying for a long time, to get rid of Bang.
I wonder who.
The most interesting untold story, is - WHO is behind all these attacks against Bang and the company.

I wouldn't be surprised if some of the BTS members themselves and/or their close friends are behind it, esp those who want to get out of their contract & company. Because they already know after military it's gonna be the same routine for them day in-day out- little to no sleep, non stop rehearsals, photos, TV shows/interviews left & right- do they really wanna go through all of that again when they get back.

Yoongi is the one who come to mind the most, he's pretty outspoken when he wants to be- and after what happened with his drunken episode last year, he probably doesn't wanna show his face in public & be put back on the BTS pedestal. Honestly, I'd rather him not show his face right now, just leave him alone. He already seemed like he wanted to leave anyway & not be part of the cliche BTS anymore.
Namjoon is another one, but even if he did wanna leave, he knew how to play the "BTS is not breaking up or going anywhere" card, so he would play nice until something or some of the members made him angry. Even his 2nd solo album- RPWP, clearly communicated his anger w/the industry, people, etc., but now that he's 30 y/o, I'm ready for him to grow up & stop being a cry baby about how lonely he is & how hard life is...I don't wanna hear any more of his gripes & "feeling sorry for myself" songs from him anymore.
Not sure about the rest of them- I felt sorry for Jin being made to look like Jungkook in his concept photos, & Jhope's upcoming collab next month.

Like you said, these comebacks are "forced", & they're not even fully authentic as far as them expressing their Koreanness-
I was surprised to hear Jin's main song "Don't love me" in English- I even had to ask, is that really him singing that song, or was his voice voiced over by someone else who was fluent in English.
 
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