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Hyundai Evacuates Workplaces Over Bitcoin Risk

Coininsight by Coininsight
December 21, 2025
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Hyundai Evacuates Workplaces Over Bitcoin Risk
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Hyundai Group evacuated staff from two main places of work in Seoul as we speak after receiving a bomb menace e-mail demanding fee in bitcoin, police stated. 

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 concentrating on South Korea’s largest corporations.

In response to native studies, a 112 emergency name was acquired at about 11:42 a.m. The caller relayed the contents of an e-mail despatched to Hyundai. The message stated an explosive system 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 response to studies, the caller stated, “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 items and bomb squads to conduct searches of the buildings. Officers sealed off elements of the encircling 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 menace lacked credibility. Operations on the buildings progressively returned to regular. Police stated no fee was made and no accidents or property injury have been reported.

South Korean company threats and bitcoin crime

The Hyundai incident comes amid a collection of comparable threats aimed toward main South Korean companies 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 studies. 

On December 17, one other bomb menace was posted by way of KT’s on-line subscription utility system. The message claimed an explosive system 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 consider the incidents are a part of a sample of digital extortion makes an attempt that depend on concern quite 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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Hyundai Group evacuated staff from two main places of work in Seoul as we speak after receiving a bomb menace e-mail demanding fee in bitcoin, police stated. 

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 concentrating on South Korea’s largest corporations.

In response to native studies, a 112 emergency name was acquired at about 11:42 a.m. The caller relayed the contents of an e-mail despatched to Hyundai. The message stated an explosive system 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 response to studies, the caller stated, “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 items and bomb squads to conduct searches of the buildings. Officers sealed off elements of the encircling 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 menace lacked credibility. Operations on the buildings progressively returned to regular. Police stated no fee was made and no accidents or property injury have been reported.

South Korean company threats and bitcoin crime

The Hyundai incident comes amid a collection of comparable threats aimed toward main South Korean companies 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 studies. 

On December 17, one other bomb menace was posted by way of KT’s on-line subscription utility system. The message claimed an explosive system 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 consider the incidents are a part of a sample of digital extortion makes an attempt that depend on concern quite 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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