Seriously though I keep reading “frozen assets” in comments but not a single thread dedicated to discuss it. Don’t tell me it’s exclusive to that mega thread that is initially about New Jeans’s situation (a completely different topic). It was already difficult to read anything about NJ there because it had million pages of users chatting off the topic so it’s impossible to read discussions about the current bsh situation too.
I read it here and there but I don’t see any thread about it; what is the deal with bang shihyuk’s frozen eggs or something?
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It’s a lame joke never mind it 😅
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bango is cooked
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When Big Hit was a private company, it had a number of shareholder/investors.
In 2019, these shareholders asked Bang if he intended to take the company public soon. Bang told them he did not intend to do so, and then one year later, he did do so. In the meantime, many of those shareholders had sold their shares, under the assumption that an IPO would not be happening soon. So in other words, they lost out, potentially due to statements made by Bang, and potentially those statements were deliberately misleading.
This issue has been investigated for the past year or so. Bang has been questioned multiple times by the authorities, has been barred from travel abroad... And now his shares in HYBE have been frozen. Meaning he can't sell them. This is to prevent him from disposing of them before any court case. Because if he loses in court, those assets could be seized.
I think that's everything :)
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