🚨 BREAKING: South Korea Regulator Steps In After Bithumb’s ~620,000 $BTC Mistake

South Korea’s financial regulator has stepped in after Bithumb accidentally distributed ~620,000 BTC during a promotional event due to a system error.

The Financial Supervisory Service (FSS) said this was not a minor glitch, but a failure of internal controls.

👉 What’s confirmed:

🔸 Authorities are reviewing legal responsibility

🔸 On-site inspections are possible

🔸 Tighter oversight for exchanges is likely

🔸 Incidents like this can delay future crypto product approvals, including spot BTC ETFs

This is not about BTC price.

It’s about exchange operations, custody safety, and compliance.

Clear regulatory risk. No noise.

$ETH $XRP #WhaleDeRiskETH #GoldSilverRally #BinanceBitcoinSAFUFund

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