"However, the platform accidentally credited 620,000 bitcoin (~$42 billion) to the accounts of 695 users the following day - around $61 million each, if divided equally among them all. In a company announcement, Bithumb claimed it realized that it made hundreds of users incredibly wealthy within 35 minutes, and although some users were quick to sell their newfound gains, the company recovered the majority of the funds very quickly."
""As a result, 99.7 percent of the overpaid Bitcoin was recovered on the day of the incident, and the 0.3 percent (1,788 BTC) that had already been sold was injected with company assets, ensuring 100 percent consistency between customer deposited assets and exchange-held assets. "Currently, Bithumb holds all virtual assets, including Bitcoin, at a level that matches or exceeds user deposits, and customer assets are being safely stored as before.""
Bithumb ran a promotion promising new registrants ₩100,000 in benefits, starting with an initial ₩20,000 deposit after a first transaction and additional bonuses tied to verification and coupon entry. The platform accidentally credited 620,000 BTC (~$42 billion) to 695 user accounts, briefly allocating about $61 million each if split evenly. The exchange said it recovered 99.7% of the overpaid Bitcoin the same day and injected company assets to cover the 0.3% (1,788 BTC) that had been sold, restoring full consistency between customer deposits and exchange-held assets. The company stated the error was internal and not a cybersecurity breach, and that customer assets remain matched and safely stored.
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