South Korea Extradites Second Chinese National in Alleged 38-Billion-Won Hacking Ring

Seoul's justice ministry said. 8m) from various victims by hacking into the websites of government agencies and public figures, according to the ministry. Among the targets was a securities account belonging to Jungkook.

4 billion won worth of shares that Jungkook held of the group's management company Hybe. The transaction was blocked after the entertainment company froze the account, South Korean media reported. BBC News reported that the alleged hacking took place between August 2023 and April 2025.

The chairman of a major conglomerate and the boss of a venture company were among the other victims, according to AFP news agency. Police have said they plan to seek a warrant to arrest the suspect after questioning him and analysing evidence. The suspect, who is unnamed, was based in Bangkok until the extradition.

BBC News reported that in August 2025 a 36-year-old Chinese national who is part of the same ring was extradited from Thailand. That 36-year-old suspect was indicted in September 2025 and is now standing trial in South Korea. The latest extradition marks the second time authorities have brought a member of the alleged ring from Thailand to face charges in Seoul.

The 40-year-old is expected to undergo similar questioning before prosecutors decide on formal arrest. The case highlights the vulnerability of high-profile individuals and corporate accounts to sophisticated hacking operations spanning multiple years. Jungkook's account was one of several breached during the period from August 2023 through April 2025.

4 billion won transfer from succeeding. The total amount allegedly stolen reached 38 billion won across all victims.