South Korea Expands Crypto Market Probes After $44B Bithumb Bitcoin Error
This $44 billion Bithumb “Oops” just changed everything for crypto in South Korea. On Monday, regulators confirmed a major crackdown after the Bithumb exchange accidentally...
Tag : Bithumb
South Korea probes Bithumb after $43B ‘phantom’ Bitcoin payout
South Korea’s financial watchdog opened an investigation into Bithumb after the exchange mistakenly credited hundreds of thousands of Bitcoin that it did not actually hold...
Investigators Circle as Bithumb Reveals Compensation Plan for $43 Billion Bitcoin Error
In brief South Korean regulators are investigating Bithumb after the exchange mistakenly credited users $43 billion in Bitcoin. The error triggered a sell-off that crashed...
South Korea expands crypto market probes after Bithumb Bitcoin blunder
South Korea’s Financial Supervisory Service (FSS) said it will step up scrutiny of suspected cryptocurrency price manipulation in 2026, outlining a slate of planned investigations...
Bithumb claws back 99.7% of overpaid Bitcoin, covers remaining shortfall
South Korean cryptocurrency exchange Bithumb says it has resolved an incident in which a promotional reward error credited certain user accounts with excess Bitcoin. In...
Bithumb confirms reward payout error after abnormal Bitcoin trades
Bithumb said it identified and corrected an internal payout error after an “abnormal amount” of Bitcoin was credited to some user accounts during a promotional...