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HYBE Under Fire After Allegations $83M of BTS Money Covered Scooter Braun Losses

BTS Money Covered
International Business Times Fews App News Provider
Fews App Post Time 1d ago

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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