Arrest warrant sought for HYBE chairman over fraud allegations

HYBE founder Bang Si-Hyuk is accused of misleading investors before the firm's IPO in 2020

News By Ciaran Donnelly | 21 April 2026

HYBE is the company behind BTS

Korean police have sought an arrest warrant for HYBE chairman Bang Si-Hyuk, a leading figure behind K-Pop superstar band BTS, according to multiple international reports.

According to the Korea JoongAng Daily, Bang faces charges of unfair trading, with the news coming five months after he was last questioned at the beginning of an investigation in November.

The chairman is accused of misleading investors of HYBE, then called Big Hit Entertainment, in 2019, by telling them there were no plans for…

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