HYBE posted the deposit as part of its request for a stay of enforcement to delay payment until the ruling is finalized, Korea JoongAng Daily reported.
'With a heavy heart, we believe it is important to clarify any misunderstanding that the exclusive contract with the artist has been lawfully terminated'
The best of MBW, plus the most important music biz stories on the web. Delivered for FREE, direct to your inbox each day.