BTS’ Jungkook’s 8.44 billion KRW HYBE stock targeted in alleged illegal theft attempt; report
BTS member Jungkook nearly fell victim to a serious monetary fraud at some point soon of his navy practising. Read on for miniature print.
A shapely strive became made to take 8.44 billion gained worth of HYBE shares owned by BTS member Jungkook, as reported by K-media Biz Hankook on March 22, 2025. The thief exploited Jungkook’s distraction at some point soon of his navy practising to form the illicit stock switch and sale. The perpetrator allegedly transferred 33,500 shares of HYBE stock to a unique account after which provided 500 of them to a third occasion.
The incident occurred on January 6 final 300 and sixty five days, when the thief allegedly opened three unauthorized securities accounts under Jungkook’s identify, the utilization of them to switch and sell shares with out his consent. In March 2024, the BTS member filed a civil lawsuit within the Seoul Western District Court to retrieve his shares. The ruling of the case filed against the third occasion who bought the 500 shares went in favor of Jungkook.
In February 2025, the courtroom reportedly provided its verdict, ordering the third occasion to come the shares to the K-pop star. His 33,000 shares have been reportedly valued at 8.316 billion KRW according to the closing label on January 5. Relating to the switch of the 500 shares, the Seoul Court ruled final month, “There became no first payment stock switch contract, and Jungkook became clearly a victim of identification theft,” ordering the third occasion to come the shares. The third occasion claimed they had bought the shares in factual faith, having no info of the merchandise’s illicit origin.
Nonetheless, the courtroom dismissed the argument, ruling that the third occasion had been negligent in no longer verifying the stockholder’s identification sooner than winding up the transaction, especially since they have been awake the shares belonged to a serious shareholder. The third occasion initially challenged the ruling however withdrew their appeal in March 2025. It became also printed that they paid 20,000 USDT (a cryptocurrency) to the vendor in reach for the 500 shares.
Even supposing they have been provided to the courtroom, the trusty mastermind slow the hacking of Jungkook’s accounts remains unknown and is but to face just consequences. Suspicion surrounds someone shut to the artist, as according to a securities firm legitimate, “The perpetrator seemed to have complete info of Jungkook’s monetary info. They tried to switch no longer easiest shares however also cash.”
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Source credit : pinkvilla