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![a1071364 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1827350405048860672.png) Aespann_jeans [@a1071364](/creator/twitter/a1071364) on x 13.1K followers
Created: 2025-07-10 05:58:38 UTC

On the 9th, HYBE released an official statement apologizing but clarified that there were no legal issues involved. HYBE stated, “At the time of our listing, we received confirmation from our underwriters that there were no legal issues, and internal inspections also found no problems. We are actively cooperating with financial authorities and the police to clarify the facts, providing detailed explanations and submitting relevant materials.”

Internally, however, the company is reportedly focused on understanding why its listing process—previously considered routine—has come under scrutiny after nearly four years. Some speculate that various complaints stemming from conflicts with former ADOR CEO Min Hee-jin and issues related to NewJeans' announcement of their exclusive contract termination might have reached financial regulators and investigative agencies, triggering the current controversy.

A source familiar with HYBE’s internal situation remarked, “Questions about these allegations began to surface last November, when tensions reached their peak. Numerous complaints alleging various issues within HYBE were submitted to the Financial Supervisory Service. HYBE’s legal team has been reviewing potential civil and criminal risks for several months and reportedly reconfirmed with the underwriters and the stock exchange that no problems existed at the time of the listing.”

![](https://pbs.twimg.com/media/GveXRY9akAA_FuB.jpg)

XXXXXXX engagements

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**Related Topics**
[listing](/topic/listing)

[Post Link](https://x.com/a1071364/status/1943188092074004989)

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a1071364 Avatar Aespann_jeans @a1071364 on x 13.1K followers Created: 2025-07-10 05:58:38 UTC

On the 9th, HYBE released an official statement apologizing but clarified that there were no legal issues involved. HYBE stated, “At the time of our listing, we received confirmation from our underwriters that there were no legal issues, and internal inspections also found no problems. We are actively cooperating with financial authorities and the police to clarify the facts, providing detailed explanations and submitting relevant materials.”

Internally, however, the company is reportedly focused on understanding why its listing process—previously considered routine—has come under scrutiny after nearly four years. Some speculate that various complaints stemming from conflicts with former ADOR CEO Min Hee-jin and issues related to NewJeans' announcement of their exclusive contract termination might have reached financial regulators and investigative agencies, triggering the current controversy.

A source familiar with HYBE’s internal situation remarked, “Questions about these allegations began to surface last November, when tensions reached their peak. Numerous complaints alleging various issues within HYBE were submitted to the Financial Supervisory Service. HYBE’s legal team has been reviewing potential civil and criminal risks for several months and reportedly reconfirmed with the underwriters and the stock exchange that no problems existed at the time of the listing.”

XXXXXXX engagements

Engagements Line Chart

Related Topics listing

Post Link

post/tweet::1943188092074004989
/post/tweet::1943188092074004989