Tag: Bithumb

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Bithumb Seeks Asset Freeze To Recover Bitcoin From $40B Error

South Korean crypto exchange Bithumb has begun legal action to recover bitcoin distributed in error during a February promotional event, escalating a...

Bithumb moves to seize assets over mistaken $8 million bitcoin dispute

South Korean cryptocurrency exchange Bithumb has asked a local court to freeze seven bitcoin BTC$71,307.30, worth roughly $8 million, that remain unreturned after a...

South Korea fines Bithumb $24 million, orders 6-month partial suspension over AML violations

Bithumb, one of South Korea's leading crypto exchanges, has been fined by the country's anti–money laundering and counter-terrorism financing agency.South Korea's Financial Intelligence Unit...

South Korea Fines Bithumb $24 Million Over AML Violations

South Korea’s Financial Intelligence Unit (FIU) has fined cryptocurrency exchange Bithumb 36.8 billion won ($24.6 million) and ordered a six-month partial suspension...

South Korea Hits Bithumb With $24.5M Fine Over AML Violations

South Korea has fined crypto exchange Bithumb 36.8 billion won (about $24.5 million) and imposed a six-month partial business suspension after finding widespread violations...

Bithumb faces proposed 6-month partial ban over South Korea AML breaches

South Korean cryptocurrency exchange Bithumb has received a preliminary notice of sanctions that could lead to a six-month partial business suspension, local media reports.The...

Bithumb Receives Business Suspension Notice for AML Violations

Bithumb, South Korea’s second-largest cryptocurrency exchange by trading volume, is reportedly facing a possible partial business suspension of up to six months as regulators...

Bithumb Bitcoin Blunder Sends $44 Billion To Users

South Korean crypto exchange Bithumb said it mistakenly distributed more than $40 billion worth of Bitcoin to customers during a promotional rewards...

Bithumb to write off $9 million in Bitcoin losses after giveaway gaffe – DL News

Finance regulators reportedly launch probe at Bithumb offices.Company to compensate traders affected by Bitcoin price drops.Bithumb mistakenly handed out $40 billion in Bitcoin.The...

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...

Bithumb Recovers Overpaid Bitcoin, Covers 1,788 BTC Shortfall

South Korean cryptocurrency exchange Bithumb says it has resolved an incident in which a promotional reward error credited certain user accounts with excess Bitcoin.In...

Bithumb Mistakenly Airdrops $30 Billion of Bitcoin

The Korean crypto exchange intended to send 2,000 WON to some users but accidentally sent 2,000 BTC instead.Bithumb, one of Korea’s leading centralized exchanges...