Entertainment Industry Turmoil: Legal Battles and Market Monitoring

Hybe, South Korea's top entertainment agency, accuses ADOR sublabel executives of breach of trust amidst allegations of independence attempts and plagiarism. TikTok faces legal challenges over a potential US ban, sparking debates on data privacy and national security concerns. Meanwhile, HYBE announces interim audit results of ADOR and plans a lawsuit, while South Korea readies a new system to detect illegal short selling in its financial market.