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Oops! South Korean crypto exchange accidentally hands out $40B in Bitcoin
A South Korean crypto exchange accidentally dumped more than $40 billion worth of Bitcoin into customer accounts — an astounding error during a giveaway meant to award prizes worth just a few cents each. The blunder at Bithumb, South Korea’s second-largest cryptocurrency exchange, briefly turned ordinary users into nine-figure Bitcoin holders and triggered a brief crash that rattled the country’s tightly watched digital-asset market. The incident happened Friday when a Bithumb employee was tasked with distributing giveaway prizes totaling 620,000 Korean won — about $425 — as part of a promotional “random ... (full story)
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