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Earlier today, reports surfaced regarding a jaw-dropping clerical error at South Korean crypto exchange Bithumb regarding a promotional reward being sent to some customers. According to some early accounts, the reward was supposed to be 2,000 Korean won, but the users were sent 2,000 bitcoin instead. At current prices, this amounts to a roughly $140 million giveaway. That would be bad. But it was apparently much worse.
Bithumb itself has confirmed the error and indicated 620,000…
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Earlier today, reports surfaced regarding a jaw-dropping clerical error at South Korean crypto exchange Bithumb regarding a promotional reward being sent to some customers. According to some early accounts, the reward was supposed to be 2,000 Korean won, but the users were sent 2,000 bitcoin instead. At current prices, this amounts to a roughly $140 million giveaway. That would be bad. But it was apparently much worse.
Bithumb itself has confirmed the error and indicated 620,000…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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