Source: International Business Times
BTS’s agency HYBE accused of diverting $83M in group funds toward Braun-linked debt. South Korean entertainment powerhouse HYBE is facing renewed criticism in early January 2026 over allegations that it siphoned roughly $83 million (approximately £62 million) in revenue linked to BTS to settle debt tied to the 2021 acquisition of Ithaca Holdings, previously led by music executive Scooter Braun. The controversy has surged online as fans prepare for BTS's next activities and demand transparency about how the group's earnings are used.
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