OMG, Bithumb didn’t accidentally send out 2,000 BTC yesterday—it was a whopping 620,000 BTC! 695 people each received 2,000 BTC. According to the latest announcement, the airdrop happened at 7 PM, but it took them 20 minutes to realize the mistake and another 20 minutes to freeze the transactions. Only 1,788 BTC were sold, and the rest were frozen, so the losses are still within a controllable range. For the BTC that was sold and can’t be recovered, the company will use its own funds to cover it. Crisis averted... As an exchange, if you say you lost 2,000 BTC, people might still laugh it off, but if you say you lost 620,000 BTC, everyone’s ready to go down together in flames. Seriously, as the second-largest, super-compliant exchange in Korea, are you kidding me? How does sending out 620,000 BTC not require multiple layers of approval? A junior employee just clicks a button and it’s gone? The worst part is, Bithumb’s total reserve is only 460,000 BTC, and you sent out 150% of your reserves. Did your system not flag this as an error? This is just too amateurish! If the crypto world is full of exchanges like this, one random blow-up and we’re all going down with them.