More US investors sue South Korean government over handling of Coupang data breach
Kate Park
created: Feb. 12, 2026, 4:56 p.m. | updated: Feb. 12, 2026, 10:39 p.m.
Coupang’s massive data breach in South Korea has now become a geopolitical flashpoint as a growing number of the company’s U.S. investors take legal action against the South Korean government.
While Coupang — which operates in South Korea, Taiwan, and Japan — is often referred to as the “Amazon of South Korea,” its worldwide headquarters are actually in Seattle, Washington.
South Korea’s Ministry of Justice said Thursday that three more investors, including Abrams Capital, Durable Capital Partners, and Foxhaven Asset Management have now joined the case.
In December, South Korea’s government and the PIPC said the Coupang breach was serious enough to justify higher fines.
According to the investors’ filing, South Korea’s handling of data breaches has been inconsistent, specifically citing other recent data breaches in South Korea, including KakaoPay, SK Telecom, Upbit, and Alibaba’s AliExpress.
5 hours, 59 minutes ago: TechCrunch