SM, Hybe dispute snowballs over Lee Soo-man tax evasion allegation
K-popFeb 17, 2023
The feud between SM Entertainment and Hybe is escalating as the two companies continue to refute each other's position in relation to SM founder Lee Soo-man's suspected offshore tax evasion. The allegation was first made Thursday by SM's co-CEO Lee Sung-soo, also the founder's nephew, when he posted a video to YouTube exposing his uncle's alleged offshore tax evasion. In the video, the CEO claimed Lee Soo-man had established a production company in Hong Kong in 2019 unde