2026-02-07 14:10
publication
2026-02-07 14:10
South Korean cryptocurrency exchange Bithumb apologized on Saturday for mistakenly transferring 620,000 to users. bitcoins with a market value of approximately EUR 37 billion. The mistake occurred on Friday during a promotional campaign in which digital assets were sent instead of small amounts in local currency.
“We sincerely apologize for the inconvenience caused to our customers due to confusion during the promotional event distribution process,” the company said in a statement.
Instead of the planned 2 thousand won (approximately EUR 1.15), approximately PLN 2,000 was transferred to the accounts of 695 customers. bitcoins. The platform blocked operations on these users' accounts within 35 minutes of the error.
The mistake caused a sharp sell-off and a temporary drop in the cryptocurrency price on this platform by 17%, from over 102 million won (59,300 euros) to approximately 81.1 million won (46,000 euros). The stock exchange reported that it had recovered 99.7%. incorrectly transferred funds, and the missing part will be covered from its own reserves. It also assured that the incident was the result of an internal error and not a hacker attack or security flaw.
Bitcoin's valuation has seen declines in the last week, resulting from, among others, from regulatory uncertainty in global markets and the reluctance of market participants to invest in high-risk assets. (PAP)
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