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...

UKRAINIAN GROUND FORCES COMMANDER RESIGNS AFTER DEADLY RUSSIAN STRIKE. (PHOTO).

 


Ukrainian Ground Forces Commander Resigns After Deadly Russian Strike


Kyiv, June 1, 2025 – General Mykhailo Drapatyi, Commander of Ukraine’s Ground Forces, announced his resignation following a devastating Russian missile strike on a military training camp in the Kharkiv region. The attack, which occurred on Sunday, killed 12 Ukrainian soldiers and wounded over 60 others, marking a significant blow to Ukraine’s military.

 Drapatyi cited the lethal strike as the reason for his departure, stating, “Circular responsibility and impunity are poison for the army. I tried to eradicate them.”

The Russian Defense Ministry claimed its Iskander-M ballistic missile system targeted a Ukrainian Armed Forces (AFU) training position near Chuguyev’s military airfield. The strike reportedly destroyed six UAV launchers, eight motor vehicles, and approximately 30 kamikaze drones, though Ukrainian officials have not confirmed the extent of the damage.

The attack has raised questions about security lapses, with critics pointing to the concentration of troops near the Russian border, where drone activity is frequent. Ukraine’s National Guard confirmed the strike occurred during a training exercise, intensifying scrutiny of command decisions. An investigation into possible negligence is underway as Ukraine grapples with escalating Russian assaults.

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