SOUTH KOREAN POLICE SEEK ARREST WARRANT FOR HYBE CHAIRMAN BANG SI-HYUK OVER ALLEGED $100 MILLION INVESTOR FRAUD SCHEME. (PHOTO).

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 South Korean police seek arrest warrant for Hybe chairman Bang Si-Hyuk over alleged $100 million investor fraud scheme    South Korean police are seeking an arrest warrant for Bang Si-Hyuk, the billionaire music executive behind K-pop powerhouse Hybe and BTS, as part of an expanding investigation into allegations that he improperly benefited from an investor scheme involving more than $100 million. Authorities said they have asked prosecutors to pursue a court warrant for Bang’s arrest as they continue probing claims that he misled investors in 2019. Investigators allege he told investors that Hybe had no plans for an initial public offering, leading them to sell shares to a private equity fund. The company later went public, and police suspect a separate arrangement may have resulted in Bang receiving a substantial payout tied to post-IPO stock profits. Bang’s legal team has not directly addressed the specific allegations but said he has cooperated with investigators an...
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MEXICAN PRESIDENT CRITICIZES GOOGLE FOR APPROVING GULF OF MEXICO NAME CHANGE. (PHOTO).

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 Mexican President Criticizes Google for Approving Gulf of Mexico Name Change


Mexican President Claudia Sheinbaum on Thursday condemned Google’s decision to rename the Gulf of Mexico on its Google Maps platform following an order by U.S. President Donald Trump to change it to the “Gulf of America.”


Presenting a letter addressed to Google, Sheinbaum asserted that the United States cannot unilaterally rename a body of water it shares with Mexico and Cuba.


This follows Google’s announcement on Monday that the name change will take effect for U.S. users once it is officially updated in the U.S. Geographic Names System. However, while Google Maps will display “Gulf of America” within the United States, it will retain “Gulf of Mexico” in Mexico. Users outside both countries will see both names on the platform.


Coretvnews recalls that Sheinbaum and Trump have previously clashed over the issue. The Mexican president once joked that if renaming places were an option, North America could be called “Mexican America” based on a 1607 map of the region.


Mexico insists that the U.S. lacks the legal authority to rename the Gulf, citing the United Nations Convention on the Law of the Sea, which states that a country’s sovereign territory extends only 12 nautical miles from its coastline.


“The name change would only apply within the 12-nautical-mile zone off the U.S. coast,” Sheinbaum emphasized.


She also reiterated Mexico’s request for Google to prominently display a map of “Mexican America.”

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