Court orders 156.8 billion won in HYBE stocks from Bang Sihyuk for confiscation, alleging fraudulent trading.
Preservation of assets is a procedure to freeze assets suspected of being obtained through a crime until a final judgment is reached, preventing the defendant from disposing of the proceeds. This refers to preserving assets in case a situation arises where they are subject to confiscation, depending on the outcome of the sentencing.
The case was reportedly filed by the Seoul Southern District Prosecutors' Office upon the request of the Seoul Metropolitan Police Agency's Financial Crimes Investigation Unit.
On this day, a HYBE representative told Ilgan Sports, "Foreclosure preservation is a routine procedure and does not constitute a determination of guilt or innocence. We have faithfully participated in the investigation and provided explanations, and are awaiting the investigative authorities' decision." [Nate]
BLACKPINK's Jennie and TWICE's Chaeyoung were both selected for Rolling Stone's "The 100 Best Albums of 2025."
According to Rolling Stone's "The 100 Best Albums of 2025" list released on the 3rd (local time), Jennie's first solo full-length album, "Ruby," ranked 29th, the highest ranking for a K-pop artist.
"Ruby," Jennie's first full-length solo album, features 15 tracks across various genres, including the title track "Like JENNIE," and has received rave reviews from the K-pop scene throughout the year.
Chaeyoung's first full-length solo album, "LIL FANTASY Vol. 1," ranked 86th. [Nate]
EXO's "First Snow" Rebounds Charts as First Snow Falls, Ranking 3rd on Melon Top 100 [Nate]
On the 4th, their agency JYP Entertainment announced through their official SNS that TWICE had donated 1 million Hong Kong dollars to the Hong Kong fire relief efforts.
TWICE stated, "We express our deepest condolences to those who lost their lives in this unfortunate accident, and we extend our sincere condolences to the bereaved families and everyone suffering greatly due to this fire. We sincerely hope that the situation stabilizes as soon as possible and the affected areas recover." [Nate]
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