🚨 Technical error at Bithumb shakes the market!
The Korean platform Bithumb accidentally deposited 2,000 BTC 😳 instead of 2,000 Korean Won during a promotional campaign, leading to fictitious transfers amounting to nearly 43 billion dollars for 695 users.
⏱️ The error was discovered and corrected in just 5 minutes, but during that time, over 2 billion dollars worth of fictitious bitcoin was sold, causing the price of BTC on the platform to drop to $55,000 and the BTC/KRW pair to decline by about 15%.
🔒 Bithumb confirmed there was no security breach and successfully recovered 99.7% of the amounts while freezing the affected accounts.
📌 An incident that reminds us of the dangers of operational errors even without breaches.
BTC
65,534.4
-2.63%