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South Korean cryptocurrency exchange Bithumb faces regulatory investigation after mistakenly crediting hundreds of users with 2,000 Bitcoin (BTC) each instead of small cash rewards worth $1.37 during a promotional event. The error triggered immediate selloffs that pushed Bitcoin prices 15.8% below o

South Korea's second-largest cryptocurrency exchange confirmed an internal error on February 6 that mistakenly credited hundreds of users with 2,000 Bitcoin (BTC) each during a promotional payout. Staff intended to distribute 2,000 Korean won - approximately $1.50 - but accidentally selected Bitcoin

South Korean cryptocurrency exchange Bithumb accidentally distributed 2,000 Bitcoin (BTC) worth approximately $133 million to hundreds of users after a staff member entered the wrong currency code during a rewards payout, according to multiple reports. Fat Finger Error Causes Immediate Market Sellof

South Korean exchange Bithumb has identified over $200 million in dormant customer assets across 2.6 million inactive accounts. The disclosure came as part of the exchange's annual dormant asset recovery campaign. The assets total approximately 291.6 billion Korean won, or about $201.8 million. Some