☕ Bithumb Epic Fail: 700 Users Accidentally Credited 2000 BTC Each (~$142M Total) Instead of 2000 KRW (~$1.5)! 📉🚨 Korean exchange Bithumb suffered a massive glitch: users were given 2000 BTC per account instead of 2000 won. Immediate chaos: → BTC price on Bithumb plunged -22% in just 5 minutes → Lucky (or quick) users dumped coins frantically → ~$2.1 MILLION in real funds successfully withdrawn Exchange reacted fast: accounts frozen, withdrawals halted, recovery process started. Some funds already returned, rest in progress. Classic fat-finger error on steroids. Did a few people become instant millionaires for 5 minutes… or will everything get clawed back? #Crypto #Bitcoin #Bithumb #BTC #CryptoNews #Exchange #Trading #Altcoins #Web3 #Blockchain #Memecoin #BullRun

🚨 MASSIVE CRYPTO BLUNDER 🚨 South Korean exchange Bithumb accidentally distributed 620,000 BTC ($40 – $44 BILLION) to users during a promotional “Random Box” event. Instead of tiny KRW rewards, an internal error sent huge BTC credits. The mistake briefly caused a sell-off and a price plunge of 10–17 % on Bithumb’s BTC market before the exchange froze accounts and recovered nearly 99.7 % of the coins. Bithumb says this wasn’t a hack but a promotional payout error, and regulators are now investigating internal controls.

🚨 BITHUMB TO REIMBURSE USERS AFTER $40B ERROR CEO says users who were forced to "panic-sell" will get their full losses back — plus an extra 10% compensation. This comes after an error that accidentally credited users ~620,000 BTC, worth over $40B.

Bithumb disclosed a promotional system error on Feb 6 that mistakenly credited ~620,000 $BTC across 695 internal user accounts instead of small KRW rewards. Trading was halted within ~35 minutes. About 1,788 $BTC was briefly sold before the freeze, with 99.7% of funds recovered internally and remaining losses covered by the exchange. No onchain transfers occurred. This was an internal accounting glitch, not a wallet breach or blockchain issue.

Bithumb narrowly avoided a massive loss after a promotion error sent users thousands of BTC instead of a small cash reward. While the exchange managed to recover nearly all of the funds and reverse most sell-offs, the incident caused a sharp, short-lived BTC crash on the platform. It’s a reminder that even top exchanges can fail operationally, and why keeping all funds on a single CEX carries real risk.

Outside of the crypto world, who else can perform three big plays for you within a week 🤡 ▶︎ Online rumors about an insider big shot / Donald Trump's son Barron, who made over $100 million in profits from a crash bet before October 11, but had over $230 million in daily liquidations ▶︎ E-Defender Yi Lihua, who built a position at a low of ~$1k and escaped at a high of ~$4k, but cut losses to avoid liquidation, losing over $667 million ▶︎ South Korea's second-largest exchange Bithumb mistakenly sent users a per-account 2000 BTC epic airdrop, causing the in-house coin price to briefly drop 22%, and they are still trying to recover it Friends, the blockchain is just too exciting

🚨NEW: BITHUMB RECOVERS NEARLY 620,000 $BTC FROM PROMO ERROR According to reports, Korea's exchange @BithumbOfficial has recovered nearly all the $BTC mistakenly sent to users. The exchange has reportedly recovered 618,212 $BTC and recouped 93% of 1,788 $BTC sold by users. The remaining 125 $BTC has not been recovered. $40 billion in BTC was sent to users instead of a $ 1.5-per-user promo.

Bithumb exchange confirmed abnormal #Bitcoin transactions due to an error in a promotional event. It was stated that there was no customer loss.