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Reading: Bitcoin Extortion: Bomb Threat Caller Demands $1 Million from South Korea’s Hyundai Motor Company
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© 2025 All Rights reserved | Powered by All News Bitcoin
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Bitcoin Extortion: Bomb Threat Caller Demands $1 Million from South Korea’s Hyundai Motor Company

December 22, 2025 4 Min Read
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  • Threatening e mail despatched to Seoul department
  • Police clear the constructing after cleansing
    • A part of a broader sample of extortion

dependable editorial Content material reviewed by industry-leading consultants and seasoned editors. Commercial Disclosure

Hyundai Group’s Seoul workplace was evacuated after receiving an e mail threatening an explosion except a Bitcoin ransom was paid, authorities and media reviews stated.

The message demanded 13 bitcoins (about $1.1 million) and set a deadline of 11:30 a.m. for December 20, 2025, prompting a direct safety response to a number of firm websites.

Threatening e mail despatched to Seoul department

In accordance with the police and media, the e-mail listed two places: the Hyundai Group Constructing in Yeonji-dong, Jongno-gu, and the Hyundai Motor Group Tower in Yangjae-dong, Seocho-gu.

Workers left work, buildings had been cleared, and native regulation enforcement mobilized particular forces. In accordance with reviews, it was revealed that Hyundai Motors had switched operations to distant work as officers searched the location.

Police clear the constructing after cleansing

Bomb squad and police searched rooms and public areas at each websites. Gear was used and rooms had been systematically checked. No explosives or suspicious gadgets had been discovered, officers stated.

Whereas the search was in progress, roads close to the constructing had been closed and entry was strictly managed. In accordance with sources near the corporate and regulation enforcement briefings, the requested switch of 13 BTC was not tracked and no ransom was paid by Hyundai.

Bitcoin is presently buying and selling at $88,578. Chart: TradingView

Police stated the threats gave the impression to be aimed toward inflicting alarm somewhat than reporting a verifiable plan. Investigators have been accumulating digital proof from the threatening emails and are working with the cyber unit to hint the supply.

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A search of close by surveillance footage and constructing logs was performed as a part of commonplace process. A number of witnesses described the scene as tense, with employees calmly escorted out and law enforcement officials coordinating their secure motion.

A part of a broader sample of extortion

In accordance with a number of media reviews, this isn’t an remoted incident. Related threats have just lately focused main Korean firms, with messages mentioning Samsung Electronics, KT, Kakao, and Naver.

Authorities consider a few of the messages could also be copycat makes an attempt or organized extortions that depend on worry somewhat than precise bombs. Officers stated they’re treating every tip severely, attempting to separate credible leads from fraud.

The Monetary and Cybercrime Division has famous a rise in ransom calls for associated to cryptocurrencies within the area over the previous few months. Though attackers choose cryptocurrencies for his or her cross-border attain, there are occasions when transaction monitoring can present helpful clues when firms and exchanges work collectively.

Analysts who observe these instances say investigators are actually routinely combining bodily safety searches with blockchain evaluation to hint the cash path.

Hyundai issued a quick assertion confirming the evacuation and thanking emergency responders, however declined to touch upon the investigation.

Featured picture from Unsplash, chart from TradingView

enhancing course of for focuses on offering completely researched, correct, and unbiased content material. We adhere to strict sourcing requirements and every web page undergoes diligent evaluate by our crew of high know-how consultants and seasoned editors. This course of ensures the integrity, relevance, and worth of the content material for readers.

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