Jungkook of BTS Becomes a Victim of Stock Hacking at Hybe, Losses Reach IDR 127 Billion

Jungkook (Doc. Ist)

Secondupdate.com – Jungkook, a member of BTS, has fallen victim to stock theft at his company, Hybe Co., after beginning his mandatory military service.

According to a Yonhap report on Saturday (March 22), a hacker created an illegal account under Jungkook's name in January 2024, shortly after he enlisted in December 2023.

Through this account, the perpetrator transferred 33,000 of Jungkook’s shares and sold 500 shares to a third party. At the time, the total value of the stolen shares reached 8.4 billion won (approximately IDR 127 billion).

In response to the incident, Jungkook’s agency, BigHit Music, a subsidiary of Hybe, took immediate action to minimize losses.

"As soon as the company and the artist became aware of this criminal activity, we took measures such as suspending payments to the fraudulent account and restoring the original value to prevent significant losses," BigHit Music stated.

Additionally, Jungkook filed a lawsuit to reclaim the 500 shares that had been sold to the third party. The Seoul Western District Court ultimately ruled in his favor, ordering the third party to return the shares.

Unfortunately, the main perpetrator behind the identity and stock theft has yet to be caught.

BigHit Music emphasized that they have strengthened their security systems regarding artists' personal data and devices to prevent similar incidents in the future

Meanwhile, Jungkook, who has been serving in the military since December 2023, is scheduled to complete his service in June 2025.