Latest Report Sheds New Light On ILLIT’s Alleged Role In HYBE And Min Hee Jin Feud
This article is part of our coverage of HYBE vs. ADOR CEO Min Hee Jin. You can read more and view the entire timeline here.
A new Chosun Ilbo report claims that HYBE and Min Hee Jin‘s fallout stems from stock options, not ILLIT.
On April 23, Chosun Ilbo reported HYBE’s claims that the fallout with ADOR’s creator was because of money. The report claims that Min Hee Jin was not happy with her stock options and that, despite HYBE allegedly relenting to allow Min Hee Jin to buy ADOR shares at a lower price, the two sides could not come to an agreement.
Stock options sparked HYBE’s fallout with subsidiary ADOR’s CEO. Min Hee Jin had ADOR stock options but felt that her compensation was too small and that taxes were too big. HYBE then allowed Min Hee Jin to purchase ADOR stock at a discounted rate. Still, the two sides could not come to terms.
— Chosun Ilbo
Similar claims have been refuted by Min Hee Jin, who has maintained that HYBE is attempting to kick her out after she objected to HYBE plagiarizing NewJeans.
Min Hee Jin Fires Back At HYBE, Exposes ILLIT In Damning New Interview
