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Home News

$29M Hacking Ring Mastermind Extradited

August 27, 2025
Reading Time: 3 mins read
in News
Tokyo Meeting on North Korea IT Threat

A 34-year-old Chinese national, accused of leading a sophisticated hacking operation, has been successfully extradited to South Korea from Thailand following an extensive international investigation. This suspect’s group is believed to have stolen over 38 billion won (approximately $29 million) from numerous Korean victims, including high-profile individuals like BTS member Jungkook. The operation involved a collaborative effort between the South Korean Ministry of Justice, the Seoul Metropolitan Police Agency, and Interpol , highlighting the growing global cooperation in tackling transnational cybercrime. This case underscores the complex challenges law enforcement faces when pursuing digital criminals who operate across borders, leveraging the anonymity and reach of the internet.

The hacking ring, led by the extradited suspect, allegedly infiltrated the websites of domestic telecommunications companies between August 2023 and January 2024. By breaching these databases, they were able to illegally obtain personal data of countless individuals. With this stolen information, the group reportedly engaged in a form of identity theft, opening new mobile phone accounts in the victims’ names. This access to new accounts was a critical step in their scheme, as it likely enabled them to bypass security measures and gain control over the victims’ financial and cryptocurrency accounts, ultimately siphoning off their assets.

The scope of the victims in this case is particularly notable. In addition to BTS member Jungkook, authorities reported that a major conglomerate chairman and several other business leaders were also targeted. The inclusion of such prominent figures demonstrates that no one is safe from these types of cyberattacks, regardless of their status. This case has garnered significant public attention due to the high-profile nature of the victims, but the broader impact is far more widespread. The theft of billions of won from various individuals highlights a serious threat to public trust in digital infrastructure and financial security.

The successful extradition was the result of a coordinated effort across international law enforcement agencies. After tracking the suspect’s movements, authorities confirmed he had entered Thailand in April. The Ministry of Justice, in partnership with the Southeast Asia Justice Network and Interpol, moved quickly to file an emergency extradition request with Thai authorities. This swift and decisive action led to the suspect’s detention in Thailand, followed by his transfer to South Korea. This process serves as a powerful example of how international partnerships are essential for pursuing criminals who attempt to evade justice by crossing borders.

Now that the suspect is in custody, the investigation will enter a new phase. The Seoul Metropolitan Police Agency’s cybercrime unit has stated its intention to request an arrest warrant after a thorough interrogation and analysis of confiscated materials. Given the significant social and economic impact of this case, authorities have vowed to conduct a meticulous investigation to uncover the full extent of the hacking organization’s activities and to bring all involved parties to justice. The resolution of this case will not only provide closure for the victims but also send a strong message about the global commitment to fighting cybercrime.

Reference:

  • Mastermind of $29 Million Hacking Ring Extradited from Thailand
Tags: August 2025Cyber NewsCyber News 2025Cyber threats
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