India, July 26 -- After Seoul Police conducted a search and seizure operation at the headquarters of HYBE, the company's chief legal officer, Jung Jin-soo, reportedly sent an internal email to employees. As per an Allkpop report, Jin-soo urged the staff to stay focused and calm. This comes after allegations of fraudulent trading.

The mail said that HYBE will "provide a thorough explanation". "The company is actively cooperating with the authorities to clarify the facts. We will provide a thorough explanation to demonstrate that all matters were handled in compliance with laws and regulations."

It further read, "We are doing everything we can to prevent this situation from causing unnecessary concern among our team. Please do not be over...