I think people are confused, but at the court hearing yesterday (12/20), Kim & Chang presented evidence (KakaoTalk with the VP), and the VP admitted it was true they met. Then she was like, 'So what? If these investors buy ADOR stock at a high price, isn't that good for HYBE?' and 'I told the VP to watch his mouth just in case he got misunderstood.' Sure, just meeting an investor isn't a crime. But why the hell did she throw a fit at the press conference acting like HYBE was making it all up?
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Apparently, they admitted it in court today. Asking what's wrong with the VP meeting the Saudi sovereign wealth fund, and saying HYBE should be happy to sell ADOR shares at a premium... But on the Kim Hyun-jung Radio Show, she talked like 'HYBE is framing us with lies about Saudi funds and whatnot.' Turns out there's a whole lineup of VCs lol. Aren't Saudi funds investors in Coupang and Toss? I hear Singaporean universities and pensions invest a lot in Korean startups too. She made HYBE out to be a total joke like they were talking crazy... but it was all real.
"The comment section is a battlefield between those who think the 'Saudi fund' rumors are finally being validated and those who claim it's all HYBE-funded media play since there's still no direct proof linking Min Hee-jin herself to the meetings."
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