Market News

South Korea Faces Bitcoin Blackmail: Hyundai Threatened with Explosive Attack

In a startling incident, South Korean automotive giants Hyundai Group and Hyundai Motor Group were targets of a chilling Bitcoin blackmail scheme.

Email threats claimed that the companies would face bombings if 13 Bitcoin was not paid.

These threats extended beyond existing buildings, potentially involving explosive devices being relocated to other areas in Seoul.

In response, police forces heightened security, deploying special operation teams and bomb disposal units to conduct thorough searches of the affected locations.

As of now, no explosives have been found, but some areas were temporarily evacuated for precautionary measures.

Authorities are meticulously analyzing digital evidence to trace the origins of the threats and verify their legitimacy.

This alarming incident appears to be part of a broader trend, with other major firms like Samsung and Kakao also receiving similar threats.

The police have emphasized the seriousness of these incidents, citing their implications on public safety and the need for a comprehensive investigation.

In light of these developments, they are encouraging the public and employees of targeted companies to report any suspicious activities immediately.

Furthermore, there is an emphasis on international collaboration to combat cryptocurrency-related blackmail as this issue escalates.