Bithumb’s $44 Billion Bitcoin Blunder: Crypto Glitch Shakes Markets
On Friday, Bithumb — one of South Korea’s largest digital asset exchanges — launched a promotion intended to credit customers with a small cash bonus of about 2,000 Korean won (roughly $1.37) each. Instead, due to what the company later described as a distribution error, winners were credited with at least 2,000 bitcoins each, collectively amounting to roughly 620,000 bitcoins — worth approximately $44 billion at current prices.
