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Home Bitcoin

Hyundai Evacuates Offices Over Bitcoin Threat

December 20, 2025
in Bitcoin
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Hyundai Evacuates Offices Over Bitcoin Threat
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Hyundai Group evacuated workers from two main places of work in Seoul immediately after receiving a bomb menace electronic mail demanding cost in bitcoin, police stated. 

Authorities later confirmed the menace was a hoax, however the incident added to rising concern over a latest wave of extortion, crypto and non-crypto associated, threats focusing on South Korea’s largest firms.

In accordance with native studies, a 112 emergency name was acquired at about 11:42 a.m. The caller relayed the contents of an electronic mail despatched to Hyundai. The message stated an explosive gadget can be detonated at Hyundai Group’s constructing in Yeonji-dong, Jongno-gu, at 11:30 a.m.

It added {that a} second bomb can be taken to Yangjae-dong, Seocho-gu, the place Hyundai Motor Group maintains a significant workplace.

The e-mail demanded cost of 13 bitcoins. At present bitcoin costs, the quantity is valued at about $1.1 million, or roughly 16.4 billion received.

In accordance with studies, the caller stated, “In case you don’t give me 13 Bitcoins, I’ll blow up the Hyundai Group constructing at 11:30 a.m. after which take a bomb to Yangjae-dong and detonate it.”

Hyundai moved to evacuate workers from each places. Police dispatched particular forces models and bomb squads to conduct searches of the buildings. Officers sealed off elements of the encircling areas whereas inspections had been carried out. No explosive gadgets had been discovered at both website.

After a number of hours, authorities concluded the rip-off menace lacked credibility. Operations on the buildings steadily returned to regular. Police stated no cost was made and no accidents or property injury had been reported.

South Korean company threats and bitcoin crime

The Hyundai incident comes amid a collection of comparable threats aimed toward main South Korean companies over the previous a number of days. 

On Thursday, posts appeared on Kakao’s customer support bulletin board claiming explosives had been planted at Samsung Electronics’ headquarters in Yeongtong-gu, Suwon, in addition to at Kakao’s Pangyo places of work and Naver services. These messages additionally included calls for for giant money funds, per studies. 

On December 17, one other bomb menace was posted by way of KT’s on-line subscription software system. The message claimed an explosive gadget had been put in at KT’s workplace in Bundang, Seongnam. 

Police responded by clearing the constructing and conducting a search. No explosives had been found in that case both.

Authorities consider the incidents are a part of a sample of digital extortion makes an attempt that depend on worry moderately than utilizing actual gadgets or bombs. Investigations are ongoing to establish the people behind the threats and hint the origins of the messages, per the native police. 



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Tags: BitcoinEvacuatesHyundaiofficesThreat
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