
HYBE employees sentenced to prison for insider trading ahead of BTS enlistment; fined up to 231 MILLION – Details Inside |
In an ongoing legal dispute, multiple former employees of HYBE’s subsidiary labels have been sentenced to ‘suspended prison terms’ for illegal insider trading linked to BTS’s military enlistment. The Seoul Southern District Court found three individuals guilty of violating South Korea’s Capital Markets Act after they used confidential information to sell company shares ahead of…