A South Korean cryptocurrency exchange apologised on Saturday after mistakenly transferring more than $40 billion worth of ...

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Bithumb said it mistakenly transferred 620,000 bitcoins and suspended trading and withdrawals for 695 users within 35 minutes.

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A South Korean cryptocurrency exchange apologises after mistakenly transferring more than $60 billion worth of bitcoin to users, which briefly prompted a sell-off on the platform.

South Korea’s Bithumb accidentally sent $40 billion in Bitcoin to 695 users instead of reward points. Read how this marketing error triggered a market crash.

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