South Korean Crypto Exchange Bithumb Inadvertently Distributed $40B in Bitcoin
South Korea’s cryptocurrency exchange Bithumb inadvertently distributed approximately 620,000 Bitcoins—valued at over $40 billion—to around 695 users during a routine promotional campaign. The mishap occurred when staff mistakenly credited accounts with 2,000 BTC per recipient instead of the intended modest cash prize of 2,000 Korean… Read More
Read more in: Blockchain & Digital Assets, Asia, Investment Platforms and Marketplaces | Tagged bitcoin, bithumb, crypto exchange, south korea, technical error