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BTS agency staff facing insider trading charges

Source: BBC

Three employees of subsidiaries of HYBE, the agency behind K-pop superstars BTS, have been charged with insider trading by South Korean prosecutors.They are being accused of selling shares in the agency before BTS members announced they were taking a break on 14 June, 2022.The announcement sent HYBE shares plunging 25% when markets opened, resulting in a loss in market value of nearly 2 trillion won ($1.4bn;…

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Read the original source at BBC