Bithumb Moves to Seize Assets Over 7 Missing BTC After $42B Payout Error Shock

6 days ago 6

Rommie Analytics

Key Takeaways:

  • Bithumb has initiated court proceedings to reclaim 7 BTC that is still missing a payout error in February. 
  • The exchange, which had made aptly tiny cash prizes, transferred 620,000 BTC incorrectly rather than little cash prizes, with a temporary value of approximately $42 billion
  • Some users refuse to return funds, but legal experts say they will likely lose in court. 

A massive payout mistake at Bithumb is now turning into a legal battle. After recovering most of the funds, the exchange is moving to court to reclaim the last missing Bitcoin.

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Bithumb Seeks Court Action Over Missing Bitcoin

Bithumb has fi...

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