South Korean Watchdogs Criticized After $43B Bithumb Bitcoin Payout Error
Bithumb’s February 6, 2026 miscrediting incident spotlighted how a single operational input error can cascade into market dislocation and supervisory backlash.Industry reports said the exchange mistakenly credited users with 620,000 BTC—widely framed as roughly $43 billion—after staff reportedly entered “BTC” instead of “KRW,” creating phantom balances and immediate credibility risk.