Police in Seoul have barred HYBE Chairman Bang Si-Hyuk from leaving South Korea as authorities investigate allegations of improper share transactions worth around 200 billion South Korean won (approx. The police did not disclose when the ban took effect or provide additional details about the measure, according to Chosun. As MBW previously reported, regulators have referred Bang and three other executives to prosecutors for a probe into alleged “unfair trading” tied to the company’s 2020 IPO. When he appeared at the Mapo District office for his first questioning, Bang told reporters he would cooperate fully with the investigation. Korean media Field News reported in August that the NTS deployed two investigation teams to HYBE, launching a 90-day special tax probe.