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Home » Bitcoin
Bitcoin

Hyundai Evacuates Offices Over Bitcoin Threat

FIT Editorial TeamBy FIT Editorial TeamDecember 20, 2025Updated:March 4, 2026No Comments3 Mins Read
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Hyundai Group evacuated workers from two main places of work in Seoul at the moment after receiving a bomb menace e-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 corporations.

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

It added {that a} second bomb could 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 gained.

In keeping with 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 models and bomb squads to conduct searches of the buildings. Officers sealed off elements of the encompassing areas whereas inspections had been carried out. No explosive gadgets had been discovered at both web site.

After a number of hours, authorities concluded the scam menace lacked credibility. Operations on the buildings steadily returned to regular. Police stated no payment 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 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 places of work and Naver services. These messages additionally included calls for for giant money funds, per experiences. 

On December 17, one other bomb menace was posted via 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 imagine the incidents are a part of a sample of digital extortion makes an attempt that depend on concern somewhat than utilizing actual gadgets 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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