Korean Police Seek Arrest Warrant for BTS Agency Founder Bang Si-hyuk Over Alleged Fraudulent Trading
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Korean police have sought an arrest warrant for Bang Si-hyuk, chairman and founder of BTS agency HYBE, on suspicion of fraudulent and unfair trading. He is alleged to have misled investors before HYBE's IPO and illegally profited approximately 190 billion won. HYBE expressed regret and pledged full cooperation with the investigation.