”BTS” JUNG KOOK almost lost 840 million yen in HYBE shares... Restitution measures

It was later discovered that there was an attempt to steal the name of JUNG KOOK of the global group "BTS" and acquire shares owned by JUNG KOOK without permission.
According to the music industry on the 22nd, JUNG KOOK lost 33,500 HYBE shares that he owned in January of last year, just after he enlisted in the military. The shares that were stolen were worth 1,000,000 yen, or 1,000,000 yen, of HYBE's stock price at the time.
The amount is about 8.4 billion won. The thief used JUNG KOOK's name to open a securities account without permission and
KOOK's HYBE shares were transferred and sold without permission. Of the 33,500 shares he seized, 33,000 were sold.
000 shares (approximately 8.3 billion won: approximately 830 million yen) were transferred to a newly opened account, and the remaining 500 shares (approximately 126 million won: approximately 130 billion yen) were sold to a third party.
Jung Kook filed a civil lawsuit to return 500 shares that were transferred to a third party last year. The Western Seoul District Court ruled last month that "there was no transfer contract for the shares,
"G KOOK was merely a victim of name theft," the court ruled, "and the third party must return the relevant shares to JUNG KOOK."
Regarding the third party, "We only heard that the shares in question were owned by a major shareholder, and it is significant that we proceeded with the transaction without going through the procedures to verify the ownership.
However, the person who stole Jung Kook's name has yet to be caught.
Immediately after becoming aware of the damage, Music prevented any substantial damage from occurring by suspending payments and taking measures to restore the situation to its original state.
On the 22nd, Big Hit Music told EDAILY, "As soon as the company and artists became aware of the criminal acts, we took measures to prevent substantial damage, such as suspending payments to the accounts and restoring the accounts to their original state."
"In addition to legal measures, we have also taken measures to strengthen security of personal information and device-related information of artists and implemented measures to prevent recurrence," JUNG said.
KOOK will enlist in the Army in December 2023 and is currently serving in the military. JUNG KOOK will release his solo single "Seven (feat.
He continues to be active even while serving in the military, with the music video for "Latto" reaching 500 million views.
Meanwhile, JUNG KOOK will be discharging in June.