HYBE chairman #BangSiHyuk referred for prosecution amid market manipulation allegations under President #LeeJaeMyung's crackdown https://t.co/i27HS9ZUa9
금융당국이 이재명 대통령의 '불공정거래 엄정 대응' 주문에 따라 '주가조작 근절 합동대응단'을 신설한다. https://t.co/kRJFj4uZgB
방시혁 의장 검찰 고발 위기에 투심 위축…하이브 약세 https://t.co/AcYqJ1g1Fa
South Korean financial authorities have decided to file a criminal complaint against Bang Si-hyuk, chairman of entertainment company HYBE, on charges of fraudulent stock trading related to undisclosed profits from an initial public offering (IPO). The case is scheduled to be presented to the Securities and Futures Commission next week. HYBE has pledged full cooperation with the ongoing investigation. This action follows President Lee Jae-myung's directive for strict enforcement against unfair trading practices. In response, the government has established a joint task force named the 'Market Manipulation Eradication Joint Response Team' to enforce a 'one-strike-out' policy against stock price manipulation. The developments have led to a decline in HYBE's stock price amid growing investor concerns.
