HYBE BASICALLY SIPHONED OFF NEWJEANS' CONTRACT FEE OF 4.1 BILLION WON

HYBE BASICALLY SIPHONED OFF NEWJEANS' CONTRACT FEE OF 4.1 BILLION WON

"So this is also part of the tax investigation huh ㅋㅋ"Do you guys know what this is? Out of the 10 billion won ($7.7M USD) NewJeans' Battlegrounds contract fee, HYBE’s subsidiary siphoned off 4.1 billion won ($3.15M USD), but they got caught and heavily criticized. So they quietly issued a correction notice and ended up returning about 1.6 billion won ($1.2M USD).original post: here1. Is this real???? Hul, if this is real, they're freaking gangs…

NewJeans: ‘Telling us to return to ADOR and HYBE is like telling the victim of school bullying to return to the same school and endure it.’

The K-pop group's legal team said the root of the conflict lies in HYBE's audit into Min Hee-jin last year. Source