Home Cryptocurrency South Korea probes Bithumb after $43B ‘phantom’ Bitcoin payout

South Korea probes Bithumb after $43B ‘phantom’ Bitcoin payout

South Korea probes Bithumb after $43B ‘phantom’ Bitcoin payout

South Korean authorities launched an investigation into Bithumb after it mistakenly credited 620,000 BTC to users, adding to concerns about “paper Bitcoin” and internal controls.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Democratic lawmakers slam SEC Chair Atkins over crypto enforcement

A House Committee on Financial Services hearing on Wednesday dredged up concerns...

Democratic lawmakers slam SEC Chair Atkins over crypto enforcement

A House Committee on Financial Services hearing on Wednesday dredged up concerns...

Why Bitcoin Can’t Be Explained By A Single Economic Cycle

Bitcoin’s price is often framed as the result of one dominant factor,...

Why Bitcoin Can’t Be Explained By A Single Economic Cycle

Bitcoin’s price is often framed as the result of one dominant factor,...