HYBE Raided After Min Hee-jin’s Court Losses & IPO Drama

Police Raids, IPO Scandals & Legal Meltdowns

Move over Santa- NewJeans’ Mama is out here celebrating Halloween in July. And instead of candy, she’s handing out subpoenas, police raids, and strategic distractions. Just days after being humiliated in court by BE:LIFT Lab and watching NewJeans stumble through legal landmines, Min Hee-jin seems to have conjured up her boldest play yet: a full-on police raid of HYBE’s HQ, conveniently timed to bury her courtroom losses and deflect attention from her growing list of PR nightmares.

The Witch Hunt Begins: HYBE Police Raid

On July 24th, police stormed HYBE’s headquarters with a search and seizure warrant. But how did they get that warrant when prosecutors had already rejected it twice?

Answer: political pressure. Specifically from the Financial Supervisory Commission (FSC) -a government body that doesn’t like being embarrassed. With high-level politicians breathing down their necks, prosecutors finally relented, handed over the paperwork to a judge, and gave police the green light. But what are they really after?

According to insiders, this is less about justice and more about optics. A full-on fishing expedition, digging for anything that could be…