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Reading: Bitcoin Extortion: Bomb Threat Caller Demands $1M From Hyundai In South Korea
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Your Crypto News Today > News > Crypto > Bitcoin > Bitcoin Extortion: Bomb Threat Caller Demands $1M From Hyundai In South Korea
Bitcoin

Bitcoin Extortion: Bomb Threat Caller Demands $1M From Hyundai In South Korea

December 22, 2025 4 Min Read
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  • Menace Despatched To Seoul Places of work
  • Police Clear Buildings After Sweeps
    • Half Of A Wider Sample Of Extortion

Trusted Editorial content material, reviewed by main business consultants and seasoned editors. Advert Disclosure

Hyundai Group’s Seoul workplaces had been evacuated after an e mail threatened explosions except a Bitcoin ransom was paid, authorities and media experiences mentioned.

The message demanded 13 Bitcoin — roughly $1.1 million — and set a deadline of 11:30 AM, prompting an instantaneous security response throughout a number of firm websites on December 20, 2025.

Menace Despatched To Seoul Places of work

Based on police and information shops, the e-mail named 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 and buildings had been cleared whereas native regulation enforcement mobilized particular models. Reviews have disclosed that Hyundai moved operations to distant work as officers searched the premises.

Police Clear Buildings After Sweeps

Bomb squads and officers combed rooms and public areas at each websites. Tools was used and rooms had been checked methodically. No explosives or suspicious units had been discovered, officers reported.

Throughout the hours of looking out, streets close to the buildings had been closed and entry was tightly managed. No switch of the demanded 13 BTC has been traced, and Hyundai didn’t pay the ransom, in keeping with sources near the corporate and regulation enforcement briefings.

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

Officers mentioned the menace appeared geared toward inflicting alarm reasonably than reporting a verifiable plan. Investigators have been amassing digital proof from the threatening e mail and are working with cyber models to hint its origin.

Searches of close by surveillance footage and constructing logs had been carried out as a part of normal process. A number of witnesses described the scene as tense, with staff escorted out calmly and officers coordinating secure motion.

Half Of A Wider Sample Of Extortion

Primarily based on experiences from a number of shops, this incident will not be remoted. Related threats have focused main South Korean companies in current days, with messages mentioning Samsung Electronics, KT, Kakao, and Naver.

Authorities consider among the messages could also be copycat makes an attempt or coordinated extortion that depend on concern reasonably than actual bombs. Officers mentioned they’re treating every tip critically whereas making an attempt to separate credible leads from hoaxes.

Monetary and cybercrime models have famous an uptick in ransom calls for tied to cryptocurrencies within the area over the previous months. Whereas attackers favor crypto for its cross-border attain, tracing transactions can typically reveal helpful leads when companies and exchanges cooperate.

Analysts who comply with such instances say investigators now routinely mix bodily safety sweeps with blockchain evaluation to comply with any cash path.

Hyundai launched a short assertion confirming the evacuations and thanking emergency companies for his or her quick response, however it declined to touch upon investigative particulars.

Featured picture from Unsplash, chart from TradingView

Editorial Course of for is centered on delivering completely researched, correct, and unbiased content material. We uphold 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 our content material for our readers.

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