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Hyundai Evacuates Workplaces Over Bitcoin Menace

December 20, 2025
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Hyundai Group evacuated workers from two main workplaces in Seoul at present after receiving a bomb menace electronic mail demanding fee in bitcoin, police mentioned. 

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

In accordance with native experiences, a 112 emergency name was obtained at about 11:42 a.m. The caller relayed the contents of an electronic mail despatched to Hyundai. The message mentioned an explosive machine 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 fee of 13 bitcoins. At present bitcoin costs, the quantity is valued at about $1.1 million, or roughly 16.4 billion gained.

In accordance with experiences, the caller mentioned, “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 employees 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 units had been discovered at both website.

After a number of hours, authorities concluded the rip-off menace lacked credibility. Operations on the buildings progressively returned to regular. Police mentioned no fee 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 firms 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 workplaces and Naver services. These messages additionally included calls for for big money funds, per experiences. 

On December 17, one other bomb menace was posted by KT’s on-line subscription utility system. The message claimed an explosive machine 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 somewhat than utilizing actual units 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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