Entertainment
BTS Management HYBE Faces Investigation Over Insider Trading Claims
HYBE, the company that manages global K-pop stars like BTS, SEVENTEEN, and LE SSERAFIM, is currently under investigation for alleged insider trading. Authorities recently raided HYBE’s headquarters as part of the ongoing probe, and even the company’s founder is being looked into.
The investigation centers on claims that an employee at HYBE used secret information to make stock trades before the details were made public. Specifically, the employee is suspected of selling shares in YG Plus ahead of HYBE’s announced investment in the company back in July 2021. This has raised serious concerns about fairness and transparency within the company.
This is not the first time HYBE has faced such issues. In 2024, former and current employees were charged with similar offenses after they sold shares before BTS announced their break in June 2022—a move that caused HYBE’s stock price to drop significantly.
HYBE has said it is fully cooperating with investigators and is taking steps to strengthen its internal policies to prevent such incidents from happening again. The company wants to assure fans, investors, and the public that it is committed to maintaining ethical standards and transparency.
The case has drawn attention to the need for stricter oversight in the entertainment industry, especially with big companies that hold so much influence. Many are watching closely to see how HYBE will handle the situation and work to regain trust.
Popular Nigerian singer, Burna Boy, shares that he will not be starting a family anytime soon due to his busy schedule for his music tour.
It can be recalled that on the singer’s birthday this year, he expressed his desire to have kids and start a family.
However, he recently shared that his desire might have to be put on hold:
“Yeah, but I don’t want to start that on the road. I’m not planning on quitting tours anytime soon, so I don’t know where to now put that [starting a family]; find a middle ground.”
Nigerian relationship coach, Blessing CEO, shares her thoughts on why some men dislike the fact that their women are more successful and see it as a threat to their marriage.
During a recent interview, the relationship coach spoke on the general issue of how some men react to their women being more successful. She shared that they mostly fear the masculinity that comes with it.
“No man is intimidated by your success. They are only afraid of the masculinity that comes with success. Because when a woman starts to make money on her own, she automatically becomes a man. Once you can provide, you automatically become a man. You will see yourself subconsciously dragging might. Because at the end of the day, what makes a man powerful is the ability to provide. That is what gives him that mantle.”
Popular Nigerian singer, Davido, confirms his uncle, Governor Adeleke’s, move from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).
The singer confirms this move in his latest song, which he titled “From Umbrella to Broom.” It can be noted that the umbrella signifies the PDP, while the broom signifies the APC in their respective logos.
The singer then speaks on this fact and shares that his uncle will still continue doing great things from this political party. It can also be noted that the singer, as well as Governor Adeleke, took a visit to President Bola Ahmed Tinubu.
In Davido’s song, the singer sang in Yoruba, which means, “Why are we suffering when the new broom can sweep better?” He also sang about the fact that the youths of today plan to go overseas and not stay in Nigeria.
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