NewJeans’ Mama’s Halloween Tricks Come Early

Written By Sean Lim

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 spun into scandal—especially in the shadow of political embarrassment and HYBE’s legal momentum.

The Real IPO Scandal: Who’s Actually the Victim?

Min Hee-jin and her allies claim that Bang Si-hyuk (aka Chairman Bang) pulled a fast one on early investors and employees—selling them stock options, cashing out, and then allegedly defrauding them before HYBE’s IPO.

But let’s break it down:

  • These “victims” bought early stock options at $1 per share.

  • Bang Si-hyuk offered to buy them out at $30/share, guaranteeing a 30x return.

  • If HYBE didn’t IPO? Bang himself would repay the private equity firm—not the investors.

Translation: Chairman Bang took all the financial risk, gave people a guaranteed multi-million-dollar exit, and they still cried foul when they realized holding out might’ve made them even richer. That’s not fraud—that’s seller’s remorse.

Legal Lowlights: Min Hee-jin’s Courtroom Collapse

While HYBE was being raided, Min Hee-jin and NewJeans were getting dragged in court—twice.

🔹 BE:LIFT vs. Min Hee-jin

BE:LIFT exposed Min’s flimsy plagiarism claims by showing NewJeans copied GFRIEND and other K-pop aesthetics that existed years earlier. LED billboards at COEX? Beachy red photoshoots? Hanbok photos? Girl, be serious.

🔹 ADOR vs. NewJeans

ADOR wants NewJeans to honor their exclusive contract after investing millions into their careers. But NewJeans' legal team gave emotional arguments comparing their situation to:

  • Victims of bullying

  • Kids with an abusive father

  • Women with cheating husbands

Meanwhile, Min Hee-jin’s own KakaoTalk messages revealed plans to steal NewJeans in three years via a hostile rebranding or acquisition. Caught in 4K… by her own shaman?

The Final Act: Public Theater

With the courtroom stacked against her, Min Hee-jin appears to be shifting to her comfort zone: public drama. From crying “plagiarism” to pushing IPO fraud headlines, it’s all designed to keep attention on Bang Si-hyuk and off her own collapse.

But no amount of raids or red herrings can erase the receipts—or rewrite the contracts.Min’s Distraction Playbook: Raids, Noise & Timing

This isn’t the first time Min Hee-jin has tried to steal the spotlight when things weren’t going her way:

  • July 15: She’s cleared by police (barely).

  • July 16: FSC files complaint against Bang.

  • July 17–18: BTS Jin holds a major concert in Anaheim.

  • July 18: NewJeans loses again in court.

  • July 22: NewJeans’ 3rd Anniversary = total silence.

  • July 24: HYBE raid + Adore vs. NewJeans hearing + former PM’s house raided for martial law scandal.

It’s giving PR overload to bury the narrative—and it’s not working.

TL;DR

  • Police raid HYBE after political pressure despite lack of hard evidence.

  • Bang Si-hyuk guaranteed 30x IPO returns for early investors—who are now complaining out of greed, not loss.

  • Min Hee-jin got legally humiliated by BE:LIFT and Adore—exposing her own backdoor plots.

  • NewJeans' legal team is throwing emotional arguments, not legal ones.

  • The raid and media frenzy? Likely just a smokescreen to distract from Min’s own downfall.

#HYBERaid
#MinHeeJinScandal
#NewJeansCourtroomDrama

Sean Lim
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