Bithumb mistakenly paid Bitcoin due to errors in activity reward distribution, totaling 620,000 BTC

According to Chosun Biz, South Korea's second-largest cryptocurrency exchange Bithumb mistakenly paid Bitcoin due to errors in activity reward distribution, totaling 620,000 BTC (approximately 60 trillion Korean Won). As of February 7, there are still 125 BTC (approximately 123 billion Korean Won) unreturned. Bithumb has not taken legal enforcement measures such as temporary detention against the recipients, but instead has persuaded users to voluntarily return the funds through one-on-one contact. According to financial authorities, about 3 billion Korean Won of the unreturned funds have been withdrawn to personal accounts, while approximately 10 billion Korean Won has been used within Bithumb to repurchase altcoins.

If this were in a movie, it might be called 'The 620,000 Bitcoin Blunder'.

Behind the blunder: Technical bug or risk control shortcomings?

Financial regulatory agencies are also paying attention to this matter, but have not yet indicated which part of Bithumb made the mistake. Industry consensus suggests that there was a flaw in the automatic settlement logic of the reward system, leading to erroneous quantity recognition, resulting in 'falling Bitcoin'.

This incident also serves as a reminder: 'technical accidents' at cryptocurrency exchanges are not trivial matters.

If it had not been discovered in time, and no one was willing to return the funds, Bithumb might have faced bankruptcy just from the aftermath.

This time Bithumb is considered lucky, having recovered most of the assets through 'communication and awareness', thus gaining some 'image points' in Korean public opinion. However, investors should also learn something: in the crypto world, what falls from the sky is not a pie, but possibly a bug. #美国科技基金净流 #易理华割肉清仓 #比特币挖矿难度下降 #何时抄底？ #BTC何时反弹？