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K-pop mogul Bang Si-hyuk faces arrest over fraudulent trading allegations K-pop mogul Bang Si-hyuk faces arrest over fraudulent trading allegations

K-pop mogul Bang Si-hyuk faces arrest over fraudulent trading allegations

South Korean police have requested a court warrant to arrest Bang Si-hyuk, founder of Hybe and creator of the globally successful boy band BTS, on charges of fraudulent trading.Authorities allege that Bang misled investors in 2019 by denying plans for a public listing of his company while secretly preparing for it.Hybe, valued at $7.3 billion, went public on South Korea's Kospi stock exchange in October 2020.Police claim Bang profited approximately 200 billion won (around $136 million) from the alleged deception.Bang denies all allegations and maintains that his actions were lawful.The investigation has included raids at Hybe's headquarters, freezing of some... [Continue Reading]

360LiveNews 360LiveNews | 22 Apr 2026 02:31 LONDON
Lead Prosecutor Withdraws from Investigation into Former CIA Director John Brennan Lead Prosecutor Withdraws from Investigation into Former CIA Director John Brennan

Lead Prosecutor Withdraws from Investigation into Former CIA Director John Brennan

Maria Medetis Long, the lead prosecutor in the investigation of former CIA director John Brennan, has withdrawn from the case citing doubts about the sufficiency of the evidence.Long, a career attorney and chief of the national security division in the US attorney's office for the Southern District of Florida, informed attorneys involved that she was no longer handling the matter.The investigation relates to claims that Russia interfered in the 2016 US election to boost Donald Trump's chances, a conclusion that Trump and his allies have long disputed.No charges have been filed against Brennan at this stage.Jason Reding Quiñones, the US... [Continue Reading]

360LiveNews 360LiveNews | 17 Apr 2026 21:02 LONDON
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