Cyber Fraud: On January 6, 2024, a hacker created three fraudulent security accounts in the name of Jungkook. Using these fake accounts, the hacker illegally transferred 33,500 HYBE shares without consent.
BTS Star Jungkook Targeted in Cyber Fraud
K-Pop sensation and BTS member Jungkook recently fell victim to a major cyber fraud incident. However, after legal intervention by his team, justice was served, and his stolen shares were restored.
According to reports, an anonymous hacker illegally transferred HYBE shares worth approximately 8.4 billion won (~$5.7 million) in Jungkook’s name while he was occupied with his military service.
Investigations revealed that on January 6, 2024, the hacker created three different security accounts using Jungkook’s identity. Through these fake accounts, 33,500 HYBE shares were transferred without his knowledge. Out of these, 500 shares were sold to a third party, while the remaining 33,000 shares were valued at approximately 8.316 billion won.
In February 2024, Jungkook’s legal team took the case to court. The Seoul Western District Court ruled in his favor, ensuring the return of his stolen shares. Following this event, HYBE’s label, BigHit Music, issued an official statement, reaffirming their commitment to protecting their artists against fraudulent activities.
To prevent falling victim to financial fraud, consider the following precautions:
Enable Security Alerts: Activate security alerts for your bank and investment accounts to receive immediate notifications of suspicious activity.
Use Two-Factor Authentication (2FA): Secure your accounts with an additional verification step to prevent unauthorized access.
Avoid Unknown Links and Emails: Do not share personal or financial information through unfamiliar links, emails, or calls.
Regularly Update Passwords: Change your banking and investment account passwords periodically.
Monitor Financial Activities: Regularly review your bank and investment account statements for any unusual transactions.
Cyber fraud cases like Jungkook’s serve as a reminder that anyone can become a target. By following security best practices, you can safeguard your financial assets and personal data.
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Disclaimer: Prabhat Khabar does not provide financial advice related to stock market transactions. We publish analyses based on market experts and brokerage firms. Always consult certified professionals before making investment decisions.
