The president of Hybe expresses his regrets for surveys on the employee service note

Bang Si-Hyuk, president of the K-Pop Hybi giant who houses BTS and the Sserafim, among others, expressed his regrets as to the way in which the investigations in progress on him and his business in South Korea affected the organization and its stakeholders.

“In the past year,” he wrote in an email to the employees of the company, “has been said and written about me in the press. In addition, I believe that these events cause you confusion and concern for you, as well as our artists, fans and partners.” The email was reported for the first time by Forbes.

Hybe and Bang are currently inquiries by authorities in South Korea. More recently, Hybe was surveyed by the tax authorities in South Korea for alleged market violations, according to Korea Herald. Earlier this year, Hybe offices were attacked concerning the allegations of initiate offense by a former executive. Last year, reports emerged that Bang and Hybe were investigating allegations of initiate offense linked to the Hybé 2020 IPO, then to Big Hit Entertainment. Hybe was renamed Big Hit in 2021.

“I will come back to Korea to work fully and transparently with investigators and rest these allegations,” wrote Bang, who is currently in the United States “in particular, I feel a deep feeling of regret knowing that our members and artists, who should be focused only on their creative and professional goals, could suffer because of this situation … I understand how my absence can have contributed to confusion and frustration.

BTS, by far the most recognized group on a global scale of the Hybé list, has been on a prolonged interruption since last year, due to the compulsory military service of its members. A return to March 2026 is in preparation.

Hybe’s actions increased by seven percent of the day, to 277,500 South Korean won, or about 200 USD.