HYBE Shares Brief Response To The News Of Jungkook's Stock Being Stolen And Their Solution

As all fans know, Jungkook currently owns 68,385 shares of HYBE, accounting for about 0.16% of the total shares. He, along with other BTS members, is one of the 10 largest shareholders of HYBE.

Therefore, a few hours ago, fans were ѕнσ¢кed to hear the news that 33,500 shares of HYBE owned by Jungkook were stolen. The news quickly spread throughout the fan community and social networks.

Biz.Hancook's investigation confirmed that there was an intentional illegal appropriation of HYBE shares worth 8.44 billion won owned by Jungkook. The 'hijacker' took advantage of Jungkook's military service to transfer his shares to a new account and even resold them to a third party.

After this news was announced to the media, fans were extremely surprised and wanted HYBE to confirm this information. Through the кσяєαn media, Jungkook's management company - Big Hit Music gave their official response.

Big Hit Music's representative shared that: "As soon as the company and the artist became aware of this crime, we took immediate measures, including freezing the affected accounts and restoring the original ownership to prevent further damage."

In addition, they also added: "In addition to legal action, we have also strengthened security measures related to the artist’s personal and device information to prevent recurrence."

Meanwhile, according to Biz.Hancook's report, this incident started happening on January 6, 2024. At this time, Jungkook was doing 4 weeks of basic training after enlisting.

The thief was discovered to have opened three stock accounts under Jungkook's name without the owner's consent and used them to transfer and sell stocks without his permission.

The total number of HYBE shares transferred by the thief was 33,500 shares, of which he transferred 33,000 shares (worth 8.316 billion won based on the closing price on January 5) to new securities accounts and sold 500 shares (worth 126 million won) to a third party.

After discovering the incident, in March 2024, Jungkook filed a civil lawsuit against the third party who purchased the 500 shares, demanding the return of the shares. In February 2025, the Seoul Western District Court ruled that "there was no valid stock transfer contract, and Jungkook was clearly a victim of identity theft," ordering the third party to return the stocks.

The third party argued that they had acquired the shares in good faith (a legal principle protecting buyers who unknowingly purchase stolen goods), but the court rejected this claim. The court ruled that the third party had been negligent for proceeding with the transaction without verifying the stockholder;s identity, despite being told the shares belonged to a major shareholder.

At the time, the third party had sent 20,000 USDT (Tether, a cryptocurrency) in advance to purchase the 500 shares. They initially appealed the ruling but withdrew their appeal in March 2025, making the decision final.

Meanwhile, the identity of the perpetrator has not been identified. Considering that this person knows all of Jungkook’s financial information, including his bank account, ID, and pαѕѕword, there is speculation that someone close to him may have been involved.

A securities company official said, “It seems like they have access to all of Jeongguk’s financial information. In addition to stocks, there were also attempts to transfer cash.”