NewJeans’ Hanni’s Old Remarks On HYBE’s Focus On Profits Emerge Amid Bang Si Hyuk’s Fraud Allegations
Currently, the Bang Si Hyuk case is being investigated for suspected violations of the Capital Markets Act and unfair trading tactics.
Bang Si Hyuk, HYBE’s chairman, is currently under intense legal scrutiny. He allegedly misinformed investors about the company’s IPO plans and profits of about 400 million KRW through unfair means. Post this, HYBE is under investigation and the public outrage against them is growing. Amid this, NewJeans member Hanni’s previous comment about the company’s greed and lack of artistic integrity is gaining attention online.
Hanni On HYBE
NewJeans’ split from ADOR was announced in November 2024. Highlighting the reason, Hanni accused the company of abandoning its artistic value for monetary gains. segmented the girl gang’s thoughts about the entertainment label having no integrity as they didn’t care about NewJeans’ well-being anymore. According to her, the label was disrespectful towards their craft which they owe their dedication to.
She called out the HYBE owner by saying, “A company that no longer has any sincerity in the art of music, a company that only has thoughts about making money, and doesn’t have any conscience about the negative effect they create through their non-authentic means.” While many fans now are hailing this remark, the girl gang’s devoted fans stuck with them through the ADOR conflict previously. They emphasised how Hanni had previously been chastised and labelled ‘ungrateful’ for speaking out against her agency, but in light of the latest Bang Si Hyuk stock fraud claims, her statements appeared to have been validated.
but when Hanni said “A company that no longer has any sincerity in the art of music, a company that only has thoughts about making money, and don’t have any conscience about the negative effect they create through their non-authentic means” you all called her ungrateful. https://t.co/y8bVpOyJex
— istanbul📸 (@kirazrubyjane) May 29, 2025
Also Read: K-Pop Group NewJeans Announces New Group Name NJZ Amid Legal Battle With HYBE, ADOR
Currently, the Bang Si Hyuk case is being investigated for suspected violations of the Capital Markets Act and unfair trading tactics in connection with HYBE’s 2020 IPO. If convicted, he could face harsh penalties, including life imprisonment or a minimum of five years in prison, under Article 443 of the Capital Markets Act.
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First Published: May 31, 2025 5:12 PM
