Coin Bureau|Feb 08, 2026 10:30
🚨BITHUMB MADE 620,000 FAKE BITCOIN?!
On Friday, a system glitch let Bithumb distribute 620,000 BTC that never existed on the blockchain.
The exchange only had 175 BTC on its own books and 42,619 BTC for customers, yet its ledger treated fake coins as real.
South Korean lawmakers call this a structural failure, not human error.
Regulators are now launching on-site inspections and possible sanctions.(Coin Bureau)
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