Hybe chairman faces arrest warrant

Bang, the mogul behind K-pop supergroup BTS, is accused of gaining more than $130 million through illicit means.

The Seoul Metropolitan Police Agency expanded its probe after allegations emerged that Bang misled investors about the company's IPO plans.

The case has significant implications for Hybe as BTS prepares to resume global touring later this year.

Hybe has denied seeking U.S. assistance to lift a travel ban currently imposed on Bang as the investigation continues.