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Hyundai Evacuates Offices Over Bitcoin Threat

December 19, 2025
in Bitcoin
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Hyundai Group evacuated staff from two main workplaces in Seoul in the present day after receiving a bomb risk e-mail demanding cost in bitcoin, police stated. 

Authorities later confirmed the risk 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 corporations.

Based on native experiences, a 112 emergency name was obtained at about 11:42 a.m. The caller relayed the contents of an e-mail despatched to Hyundai. The message stated 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 cost of 13 bitcoins. At present bitcoin costs, the quantity is valued at about $1.1 million, or roughly 16.4 billion received.

Based on experiences, the caller stated, “If you happen to 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 items and bomb squads to conduct searches of the buildings. Officers sealed off components of the encompassing areas whereas inspections have been carried out. No explosive units have been discovered at both web site.

After a number of hours, authorities concluded the rip-off risk lacked credibility. Operations on the buildings step by step returned to regular. Police stated no cost was made and no accidents or property harm have been reported.

South Korean company threats and bitcoin crime

The Hyundai incident comes amid a sequence of comparable threats geared 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 giant money funds, per experiences. 

On December 17, one other bomb risk was posted by way of 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 have been found in that case both.

Authorities imagine the incidents are a part of a sample of digital extortion makes an attempt that depend on concern slightly than utilizing actual units or bombs. Investigations are ongoing to determine the people behind the threats and hint the origins of the messages, per the native police. 



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