The Seoul Metropolitan Coverage Company has summoned HYBE founder Bang Si Hyuk to additional examine in regards to the unfair share buying and selling case. The Korea Herald has reported that the businessman was issued his fifth summon on November 18, 2025. Extra particulars in regards to the matter are awaited however the report additionally specifies that the questioning has not been accomplished but. Therefore, Si Hyuk has been requested to look once more.

For these unaware, he was questioned twice this month and the earlier dates embody October 15 and 22. He has been accused of indulging in fraudulent and unfair buying and selling below the Capital Markets Act. Furthermore, the questioning can also be across the allegations of him deceptive the traders by denying any plans for an IPO. He allegedly requested the traders to promote their shares in HYBE to a non-public fairness fund (PEF) he’s related to.

At the moment, HYBE was quietly laying the groundwork for its public itemizing. In consequence, when the corporate lastly moved ahead with its IPO, Bang was mentioned to have profited by way of an settlement that granted him 30% of the returns from the non-public fairness fund. This was allegedly an association that was by no means revealed in the course of the IPO.

Furthermore, an official e-mail from his e-mail deal with went to the staff to guarantee them that he would cooperate with the investigators. He penned, “During the last yr, a lot has been mentioned and written about me within the press. More and more, I imagine these occasions are inflicting confusion and concern for you, in addition to our artists, followers, and companions… I’ll absolutely and transparently work with investigators and put these allegations to relaxation,” Bang mentioned after which added, “Specifically, I really feel a deep sense of remorse figuring out that our members and artists, who needs to be targeted solely on their artistic {and professional} targets, is perhaps struggling due to this case … I perceive how my absence might have contributed to confusion and frustration.”

ALSO READ: HYBE’s Bang Si-hyuk Breaks Silence on Stock Manipulation Probe