Do you think Bang Si-Hyuk is going to jail?

I hope so, but unlikely.

I wonder how this will play out since BSH is still in the USA. And WHY is he still there? There's so many things going on with his company, and I haven't heard from him. It feels like someone is advising him to lay low in LA until this passes.

To be rich

Quote from bbgc

No.

If it comes to that, he will escape Korea to non-extraditionary nations.

Then WhyKnock ' s dream will be somewhat achieved, a major Kpop figure would have quit K-O-R-E-A

Actually Lee Sooman did that when he was in some kind of trouble. making Kim Kyungwook, a minion , to run SM for a while.

Bang is too big to be arrested.

Quote from WhyKnock

Actually Lee Sooman did that when he was in some kind of trouble. making Kim Kyungwook, a minion , to run SM for a while.

Bang is too big to be arrested.

He has bribed too many politicians and prosecutors to be arrested.

It depends on how the law is interpreted and whether the government wants to pursue this.

If we are being generous, BSH has done nothing wrong since there is no law mandating that a shareholder's agreement be revealed to fellow shareholders. It is also revealed which PEFs decided to lock up or not lock up their shares. Therefore, the public knows how much stock can be potentially be dumped/locked/traded by these PEFs at IPO.

If we aren't being generous, the majority shareholders unloaded on retail. Regular investors were hurt and the deal between BSH and PEFs was one of the main reason. The big boys slaughtered the small time retail investors, and it was all planned beforehand. This should have been all revealed for transparency sake, so other investors could make an informed decision.

sure, along all those other ceos that went to jail for their crimes

Quote from Chemotter

It depends on how the law is interpreted and whether the government wants to pursue this.

If we are being generous, BSH has done nothing wrong since there is no law mandating that a shareholder's agreement be revealed to fellow shareholders. It is also revealed which PEFs decided to lock up or not lock up their shares. Therefore, the public knows how much stock can be potentially be dumped/locked/traded by these PEFs at IPO.

If we aren't being generous, the majority shareholders unloaded on retail. Regular investors were hurt and the deal between BSH and PEFs was one of the main reason. The big boys slaughtered the small time retail investors, and it was all planned beforehand. This should have been all revealed for transparency sake, so other investors could make an informed decision.

He violated the Capital Markets Act. They purposely misled investors by saying the company was struggling and had no plans of going public and then recommended they sell their shares to 3 private equity funds...all of which had connections with senior HYBE officials. Less than a year after the funds acquired the shares, HYBE announced that they were going public.

The Bang PD simping on reddit is so cringe

Obviously no, he can get away with anything. That’s the sad truth.

Quote from Yama-Chan

LSM aka selfmate got 2 years in jail for embezzling around 2 billion won

WOAH WOAH!!!

hold on there cowboy - I've never spent a single day in jail in my life!!!

Quote from autumnleaf_soshi

I elect Min HeeJeans for HYBE CEO!!

but but NJ already cancelled their contract

Quote from selfmate

but but NJ already cancelled their contract

Then Sign them up again, but this time as official HYBE group not sub label group like Ador