A platform in South Korea mistakenly distributed $44 billion worth of Bitcoin before most of it was recovered
SEOUL, FEBRUARY 7, WAM/ A platform in South Korea mistakenly distributed $44 billion worth of Bitcoin before recovering 99.7 percent of it.
The South Korean cryptocurrency trading platform, Bithumb, said today that it had distributed bitcoins worth more than $40 billion
On customers as promotional bonuses by mistake, which led to a sharp sell-off on the platform.
Beethum apologized for the error that occurred yesterday, Friday, and said that it had recovered 99.7 percent of the total 620 thousand bitcoins, with a value of about 44.
Billion dollars at current prices. Trading and withdrawal operations are restricted
695 customers affected by the incident within 35 minutes of the faulty distribution yesterday.
“We would like to clarify that this has nothing to do with external hacking or security violations, and there are no problems with system security or management,” Beethum said in a statement.
Customer assets.
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