Bithumb Seeks $201M in Lost Crypto; Upbit Dominates Korean Youth
South Korea’s Bithumb is launching its third annual dormant asset recovery campaign, revealing that unclaimed cryptocurrency holdings on its platform have fallen to 291.6 billion won ($201 million)—a 34% decrease from last year’s 443.5 billion won ($306 million).
The decline follows a previous year’s campaign in which approximately 36,000 customers reclaimed a combined 70.6 billion won ($49 million) in forgotten assets. Market fluctuations also contributed to the year-over-year change.
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The Largest Was Single Account With $2.8M Forgotten Asset
This year’s campaign targets 2.57 million accounts that have shown no login or trading activity for at least one year. Among them, the largest single dormant holding stands…
