South Korean crypto exchange races to recover $40bn of bitcoin sent to customers by mistake

2026-02-10 - 04:55

Bithumb has apologised for staff error that sent customers 620,000 bitcoins instead of 620,000 Korean won, equivalent to a few hundred US dollars South Korea’s second-largest cryptocurrency exchange is scrambling to recover more than $40bn of cryptocurrency after accidentally crediting customers with 620,000 bitcoins during a promotional event last week. Bithumb said it had corrected most of the mistaken credits, but that about 13bn won ($9m) remained unrecovered after some recipients sold or withdrew the funds before the error was detected. Continue reading...