The Korea Management Federation has shared their concerns about the ongoing situation with FIFTY FIFTY. On the 25th, they released a statement addressing the recent tampering incident involving ATTRAKT, the group’s management company.

The federation said, "We recognize how serious the tampering issue is and are very concerned. Tampering is illegal and goes against fair contracts, damaging trust in the entertainment industry. It is very regrettable that three former members of FIFTY FIFTY, who were involved in this tampering, are trying to resume their activities as if nothing happened while avoiding responsibility by signing contracts with other agencies."

They added, "This behavior goes against basic contract ethics and common sense. It seriously harms the trust of everyone involved. Especially troubling is the artist who led the tampering, trying to ignore existing contracts and start working again. This is unethical and greatly undermines trust in the entertainment industry."

The federation stressed, "We take this situation very seriously and condemn attempts to illegally cancel contracts through tampering. We urge all artists to be responsible for their actions and follow their legal and ethical obligations. Additionally, we will strengthen legal measures to prevent harm caused by tampering and take action to ensure these issues do not happen again."

Previously, on the 23rd, ATTRAKT announced they had filed a lawsuit seeking 20 billion won in damages against Jin, a former representative of Warner Music Korea, and Yoon, a former executive director, over allegations of tampering before the expiration of contracts.

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BTS’s V is creating major buzz in Indonesia once again, and this time, it’s all thanks to his role as a global ambassador for the financial platform SimInvest!

In March 2023, V was chosen as the face of the Indonesian investment platform, and he continues to hold the title for the second consecutive year. SimInvest has seen impressive growth thanks to V’s loyal fanbase, particularly among the younger generation. The platform expressed their delight, revealing that V’s influence has played a huge role in their success.

For 2024, the platform is making an exciting move by adding legendary actor Jackie Chan as a co-ambassador alongside V. SimInvest hopes that this partnership will boost the platform’s appeal even further and help build trust among a wider audience.

To celebrate the incredible growth, SimInvest threw an event in Jakarta from January 16 to 24. They set up a special booth at the MRT station where fans could grab exclusive V-themed merchandise and enjoy free coffee. As expected, the turnout was massive, with fans flooding the station and forming long lines. The crowd was so large that the event had to be paused multiple times for safety reasons, as SimInvest had to manage the growing number of fans. Both the company and the fans were in awe of the overwhelming "V-effect"!

V’s popularity in Indonesia is undeniable. On Instagram, he was recently ranked as the second most influential celebrity in the world—just behind Cristiano Ronaldo. He also tops the search volume charts on Indonesia’s Google Trends for Korean stars.

This isn’t the first time V has caused a stir in Indonesia. Back in 2021, during BTS's ambassadorship with Hyundai Motors at the Indonesia International Auto Show (GIIAS), a "Hyundai x BTS" photo booth saw V being the most popular member with attendees. Fans couldn’t get enough of the global superstar!

It’s clear that V’s impact in Indonesia—and globally—continues to grow stronger, with fans everywhere eager to show their love for the K-pop icon!

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