Bithumb Error Issues 620,000 BTC, Leaving ₩13 Billion Unreturned

The Korean Financial Supervisory Service (FSS) launched an investigation into Bithumb’s accidental distribution of 620,000 BTC, worth approximately ¥6.8 trillion, to 695 customers due to input errors. FSS stated the incident revealed structural weaknesses in exchange ledger systems and committed to enhancing oversight across the virtual asset industry. The February 9 mishap had previously resulted in rapid recovery of 99.7% of the mistaken distribution, with ₩13 billion remaining unrecovered and covered by Bithumb’s corporate funds.

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