Bithumb Explains Accidental 2000 Bitcoin Payout: What Really Happened?

South Korean cryptocurrency exchange Bithumb apologized after an operational error during a promotional event resulted in an abnormal payout of Bitcoin to some customers. This triggered a sharp, temporary fluctuation in the Bitcoin price on the platform as recipients sold the assets. Bithumb's internal monitoring systems detected the issue quickly, and trading on affected accounts was restricted, allowing the market price to normalize within five minutes. The exchange emphasized that the incident was not due to a hacking or security breach and assured users that customer assets remain safe, with core services operating normally. Furthermore, Bithumb stated that no customers suffered any losses as a result of the error and promised to strengthen safeguards to ensure a stable trading environment.

(Source：BeInCrypto)