News

Bithumb Mistakenly Sends 620,000 Bitcoin ($40B) to Customer Accounts

  • Waqas--HackRead
  • published date: 2026-02-07 20:08:59 UTC

A system error at Bithumb sent 620,000 Bitcoin worth about $40B to hundreds of users during a promotion, briefly disrupting prices and drawing scrutiny.

On 6 February 2026, a routine promotional payout went wrong at South Korean cryptocurrency exchange Bithumb, when a system configuration error credited users with large Bitcoin balances instead of th… [+3478 chars]