Kim Soo Hyun’s Agency Releases Statement On Lawsuit Results And HoverLab Kim Se Eui’s Arrest Warrant

Kim Soo Hyun’s agency has released a statement regarding the lawsuits filed against Kim Se Eui of YouTube channel HoverLab Inc. (hereinafter “HoverLab”).

Hello, this is GOLDMEDALIST.

We would like to provide the following statement regarding the multiple complaints and lawsuits filed by Kim Soo Hyun and our company against Kim Se Eui of HoverLab (Garosero Research Institute).

According to the results of the investigation, the various allegations and evidence raised by HoverLab against Kim Soo Hyun were found to be false. In particular, the KakaoTalk conversations revealed during the press conference were determined to have been fabricated and altered from conversations involving a third party unrelated to Kim Soo Hyun, while the deceased’s voice recordings were also confirmed to be manipulated materials generated using AI technology.

As a result, due to the seriousness of the charges—including violations of the Act on Promotion of Information and Communications Network Utilization and Information Protection (defamation through the dissemination of false information), violations of the Act on Punishment of Crime of Stalking, violations of the Act on Special Cases Concerning the Punishment of Sexual Crimes (distribution of illegally filmed materials and coercion involving such materials), and threats—the court has issued an arrest warrant for Kim Se Eui.

We sincerely thank the investigative authorities for their efforts in uncovering the truth based on objective evidence.

At a press conference one year ago, Kim Soo Hyun stated:
“I won’t ask you to believe me. I will make sure to prove it.”

The past year for Kim Soo Hyun has been devoted solely to keeping that promise. At last, through lawful procedures and a thorough investigation, the truth has been proven.

We deeply thank everyone who trusted and waited for Kim Soo Hyun during this time.

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Police Issues Arrest Warrant For HYBE Chairman Bang Si Hyuk

The police have requested an arrest warrant for HYBE Chairman Bang Si Hyuk.

On April 21, the Seoul Metropolitan Police Agency’s Financial Crime Investigation Division announced that they requested an arrest warrant for Chairman Bang Si Hyuk, who is accused of violating the Capital Markets Act (fraudulent unfair trading).

Chairman Bang Si Hyuk is suspected of deceiving investors by claiming that there were no plans for an IPO before HYBE went public in 2019, thereby inducing a specific private equity fund (PEF) to sell its stake in HYBE, only to proceed with the listing shortly thereafter.

Police believe that, under a private agreement made in advance with the private equity fund, Bang Si Hyuk received 30 percent of the profits from the sale of shares after the IPO, resulting in nearly 200 billion won (approximately $13,585,000) in illicit gains.

Bang Si Hyuk maintains that he did not deceive the initial investors, asserting that the sale was carried out at the request of the investors themselves and that the profit-sharing terms were conditions first proposed by the investors.

Source (1)

Top Photo Credit: Xportsnews


Police Issues Arrest Warrant For HYBE Chairman Bang Si Hyuk插图

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