Mirae Asset faces high-profile lawsuit from ex-Kakao executive

Mirae Asset Securities faces a high-profile lawsuit from a former Kakao executive seeking compensation for assets linked to a 2023 cybersecurity incident, which he claims are now valued at 11 billion won ($7.56 million), according to company and legal sources, Monday. The cyberattack, which occurred between October and November 2023, allegedly siphoned a total of 7.66 billion won — 3.73 billion won in cash and 3.93 billion won in stocks — from a Mirae Asset Securities account belonging to Bae Jae-hyun, former chief investment officer at Kakao. The incident took place while Bae was detained in connection with the SM Entertainment stock manipulation case. Other high-profile figures, including BTS member Jungkook and EcoPro Chairman Lee Dong-chae, were reportedly targeted, but their accounts were protected by the brokerage’s monitoring system. Bae has recovered 6.08 billion won of the stolen assets, leaving 1.58 billion won still unrecovered. He is demanding full compensation for this remaining amount, particularly noting that if he had kept the forcibly sold stocks, their current marWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times