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South Korea’s Bithumb Exchange Accidentally Sends $44 Billion in Bitcoin to Users

South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly acted to restrict trading and...

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

South Korea’s Bithumb Exchange Accidentally Sends $44 Billion in Bitcoin to Users
South Korean cryptocurrency exchange Bithumb mistakenly distributed approximately 620,000 bitcoins, worth around $44 billion, to 695 customers during a promotional event. The company quickly acted to restrict trading and withdrawals, claiming to have recovered 99.7% of the erroneously distributed cryptocurrency within 35 minutes of the incident. The exchange emphasized that the mistake was not caused […]

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Bitcoin is showing up inside the Market Structure theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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