Dispatch has published new allegations claiming Min Hee-jin sent NewJeans to meet Japanese billionaire Kazumichi Goh and explored acquisition discussions through Complex China’s Bonnie Chan Wu. If proven, could these actions qualify as “execution” rather than mere planning — and affect HYBE’s appeal against her put option victory? Here is a detailed legal breakdown and full timeline of events.
DISPATCH published a piece alleging Min Heejin sent New Jeans to meet a Japanese billionaire, Kazumichi Goh. The intention was to get Goh to buy out New Jeans’s contract.
I’ll go through the detailed breakdown of what Dispatch presented and possible legal repercussions.
The Broken Commitment
On November 28, 2024, NewJeans held their contract termination press conference wher they said:
“We will proceed with the schedules that have already been promised.”
The next day — November 29 — they refused to attend to pre-schedule activities. Specifically, they said filming exclusive content for the Japanese fan club would be difficult.
Every January, NewJeans participates in annual fan club kit production, New Year’s greetings, and ID shoots. According to Dispatch, they boycotted those.
Instead, they flew to Japan where they met Kazumichi Goh — described in the article as a 73-year-old figure from Japan’s racing world, reportedly from an aristocratic background.
As per Dispatch, it was Min Hee-jin who sent NewJeans to this meeting
1. The “Aristocratic Grandfather”
Kazumichi Goh was born in 1954. He founded the Grand Prix Team Goh in 1996. In 2004, his team won the 24 Hours of Le Mans — one of the most prestigious endurance races in the world.
He is a billionaire. His maternal grandfather was Shojiro Ishibashi, founder of Bridgestone. His grandfather also served as an executive at Nisshin Seifun.
According to Dispatch, Min Hee-jin met him toward the end of 2024.
Sources told Dispatch this was not merely a friendly meeting. One insider allegedly said that Min needed money at the time and was introduced to this “Japanese grandfather.”
Dispatch claims Min Hee-jin sent NewJeans to Tokyo for this meeting because Goh is reportedly a huge fan of NewJeans and that was strategically utilized.
2. The Tokyo Meetings
Dispatch reports that NewJeans met him at least three times in Japan.
In January, all members went. In March and April, the members went several times as a complete group and sometimes, separately.
New Jeans reportedly celebrated his commemorative events, gave birthday gifts, and wrote handwritten letters.
An insider said that Min Hee-jin told the members he was “an important person.” The members reportedly found it strange but prepared as instructed.
So, what was Min Hee-jin exploring with him?
A source familiar with the situation told Dispatch that meetings intensified after NewJeans declared contract termination. The suggestion is that investment discussions were taking place.
In March 2025, NewJeans released “Pit Stop” under the name NJZ.
Dispatch even raises the possibility that “Pit Stop” was a tribute to the racing mogul?
3. The Hong Kong “Pit Stop”
On March 7, 2025, at Seoul Central District Court, judges asked NewJeans’ legal team how they were preparing for their Hong Kong performance.
The legal team, SEJONG, said the event organizer was providing support. They stated they had not yet secured an agency or agent and would proceed once the injunction situation was resolved.
But Dispatch says they obtained the contract.
The appearance fee for Hong Kong ComplexCon was $350,000 — roughly 500 million KRW.
There was also a consulting fee of $500,000, which reportedly included staff costs.
Dispatch claims Min Hee-jin, the parents, and lawyers discussed the contract in a group chat. It was signed December 18, 2024.
However, Min Hee-jin’s name was not put forward publicly — allegedly to avoid accusations of tampering.
4. The Hong Kong Move
NewJeans used the Complex Con stage to launch their independent activities.
They defied the court’s decision, performed without the supervision of ADOR and released the new song “Pit Stop.”
What did Min Hee-jin want to show through the Hong Kong concert?
Now we come to Bonnie Chan Wu.
He is described as a leading figure in China’s popular culture industry. He is the CEO of Complex China, and he was the host of the Hong Kong performance.
It was later revealed that in October of last year, Bonnie sent a proposal to HYBE.
An acquisition proposal.
According to reports, Bonnie expressed his intention to purchase 80 percent of ADOR’s shares for 400 billion Korean won. However, there was a condition attached.
He demanded that 100% of the rights to artist contracts and overall operations be transferred as part of the deal.
Not partial authority. Full control over the artists and management.
Bonnie is quoted as saying:
“We held discussions with NewJeans’ representatives. Even if they lose the breach of contract lawsuit, they have no intention of returning. If we acquire the shares, we will immediately resume music production and performance activities, including creative work.”
Who exactly are the “NewJeans representatives” he is referring to? That is not clarified.
But Dispatch states Min Hee-jin continued to intervene in the decision-making process. She was the invisible hand that prolonged the NewJeans situation.
5. The Put Option Victory
On March 21, 2025, the court granted ADOR’s injunction preserving its agency status.
NewJeans could not leave ADOR and conduct independent activities.
However, on March 23, NewJeans announced they would attend Hong Kong ComplexCon under the name NJZ.
At the same time, Min Hee-jin and Danielle’s mother built a narrative that NewJeans and ADOR could not work together.
Dispatch obtained a conversation between Min Hee-jin and Danielle’s mother.


Danielle’s mother said:
“Can’t the members refuse to attend ADOR activities by saying they feel psychological pressure? I think it would be advantageous in the main lawsuit.”
Min Hee-jin responded:
“Yes. Post it on the NJZ PR account.”
Danielle’s mother suggested framing it as anxiety over how ADOR might interfere or defame them.
Min replied:
“Write it briefly like this. I’ll edit it.”
Dispatch reports that Min Hee-jin attempted to overturn the injunction ruling in the main trial by building grounds of psychological harm, claiming that the presence of ADOR created anxiety.
They state that Min Hee-jin served as the desk editor of that position statement.
6. The Resignation Timing
On November 14, 2024, NewJeans sent a formal notice demanding Min be reinstated as CEO and asking HYBE to apologize.
Six days later — November 20 — Min submitted her resignation.
She posted that one person’s malice must not damage the essence of the business.
After she resigned, NewJeans announced contract termination.
Publicly, they said they did not separately discuss it with her and believed she shared the same thoughts.
Dispatch highlights that she was still an internal director at ADOR while allegedly orchestrating termination behind the scenes.
And she resigned one week before the press conference.
Dispatch suggests this may have been a tactic to avoid liability.
7. The Final Framing
The court acknowledged exploration of independence but stated that it appeared to stop after HYBE initiated its audit on April 22, 2024.
Dispatch’s closing argument is sharp.
They list what they describe as a pattern:
- Meeting investors.
- Testing escape routes.
- Mobilizing members to meet the Japanese figure.
- Planning independent stages.
- Attempting to operate under NJZ.
They argue that she executed the plan but was exposed.