Entity

Bithumb

Tracked across 1 events · 34 articles · First seen Feb 07, 2026 · Last active Feb 10, 2026

Sentiment

-50

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Events (1)

4 -50

Regulatory

Bithumb's $40 Billion Bitcoin Distribution Error

Bithumb accidentally distributed over $40 billion worth of Bitcoin to its customers as promotional rewards, causing a brief selloff on its platform. The exchange quickly recovered 99.7% of the mistakenly distributed bitcoins and restricted trading for affected customers. This incident has exposed vulnerabilities in its internal control systems and led to scrutiny from South Korean financial regulators.

Feb 07, 2026 · 34 articles

Relationships (2)

South Korea===Financial Services Commission regulator ↔ Bithumb The South Korea===Financial Services Commission regulates Bithumb and other cryp

Upbit competitor ↔ Bithumb Bithumb trails Upbit as a dominant player in the South Korean crypto space.

NEWSDESK

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