Bithumb Says System Flaws Caused $40 Billion Error in South Korea
The South Korean cryptocurrency exchange Bithumb has revealed that serious system flaws led to a massive error in which more than $40 billion worth of Bitcoin was accidentally credited to users during a promotional event. The incident has shocked the crypto world, raised major questions about risk controls at digital asset platforms, and triggered a wider regulatory review of the cryptocurrency sector in one of Asia’s most active markets.
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