HYBE Responds to Prosecution's Raid Over Ex-Employee's Insider Trading Allegations
May 30, 2025
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HYBE said on the 30th that he had cooperated with the investigative authorities' request to provide data on the conduct of an employee who had resigned.
The Seoul Southern District Prosecutors' Office recently investigated Hive employee A on charges of using undisclosed information to earn hundreds of millions of won in unfair profits. A is accused of acquiring 240 million won by using undisclosed information before HYBE(then Big Hit Entertainment) invested in YG Plus in January 2021.
In the process, prosecutors raided HYBE headquarters.
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