---Advertisement---

Entertainment

BTS’ Jungkook Unknowingly Linked To HYBE Stock Fraud? Details You Need To Know!

BTS star Jungkook became an unexpected victim of a shocking HYBE stock scam, with fraudsters exploiting his military absence to transfer and sell shares illegally.

BTS member Jungkook has become an victim of a large-scale stock fraud involving HYBE, the company behind the global K-pop phenomenon. As per the reports from Biz Korea, someone tried to illegally transfer and sell HYBE shares worth 8.44 billion KRW ($5.6 million) using Jungkook’s name at the time when he was away for military service.

---Advertisement---

Shares Sold Without Jungkook’s Knowledge

The scammer reportedly transferred 33,500 HYBE shares from Jungkook’s account and successfully sold 500 shares for around 126 million KRW ($86,000). This incident took place on 6 January 2024, just a month after Jungkook enlisted in December 2023 along with one more BTS member Jimin.

---Advertisement---

Shockingly, the culprit opened three fake accounts on Jungkook’s name without his knowledge.

Also Read: Officer On Duty Review: A Morbid, Truculent Tale Let Down By A Sloppy Script

---Advertisement---

Legal Action Taken by Jungkook

However, once Jungkook got to know about all this, he immediately filed a civil case in March 2024 to recover the sold shares. The Seoul district court ruled in his favour, recognising him as a victim of identity theft and ordered the return of the money spent by the third-party buyer. The buyer, who had paid through cryptocurrency, was also criticised by the court for failing to verify the real stockholder.

Suspect Still At Large

The stolen 33,000 shares are valued at over 8.3 billion KRW. However, the person behind this crime has not yet been identified. Investigations are ongoing, with authorities suspecting that someone close to Jungkook may have accessed his banking details and passwords.

Also Read: Salman Khan’s Sikandar Trailer Release Date CONFIRMED! – Check When And Where To Watch!

First published on: Mar 22, 2025 03:45 PM IST


Get Breaking News First and Latest Updates from India and around the world on News24. Follow News24 on Facebook, Twitter.

Related Story

Live News

---Advertisement---


live

IMD Weather LIVE Updates: Extreme Heat To Scorch Rajasthan, Delhi, Punjab Till June 13; Torrential Rains Lash Northeast

Jun 10, 2025
IMD Weather Live Updates:
  • 12:27 (IST) 10 Jun 2025

    Heavy To Extremely Heavy Rainfall Expected Over Konkan, Goa And Maharashtra

N24 Shorts Logo

SHORTS

India Is Fifth Largest Economy, Their Presence At G7 Meeting 'Makes Sense': Canada PM
World

India Is Fifth Largest Economy, Their Presence At G7 Meeting ‘Makes Sense’: Canada PM

Canadian PM Carney said that India and Canada are acting on law enforcement, and Prime Minister Narendra Modi has accepted his invitation.

View All Shorts

---Advertisement---

Trending

Hot Links: teen patti plus teen patti download real teen patti teen patti flush