flash on Nostr: ⚡️🚨 ALERT - Bithumb accidentally sends out 2000 BTC to users who immediately ...
⚡️🚨 ALERT - Bithumb accidentally sends out 2000 BTC to users who immediately market dump
A major operational mistake at South Korea’s crypto exchange Bithumb reportedly led to the accidental distribution of 2,000 BTC ($130M) instead of 2,000 KRW ($1.50) as a rewards payout.
According to multiple reports, a staff member intended to issue a small random prize worth about $1.50 but mistakenly entered BTC as the unit.
As a result, hundreds of users received unexpected Bitcoin payouts, totaling roughly 2,000 BTC, valued near $130M at current prices.
Recipients immediately sold, causing Bitcoin on Bithumb to crash more than 10% below global market prices before stabilizing.
The incident highlights how internal ledger errors and off-chain accounting can still create severe market dislocations, even in 2026, with no corresponding on-chain movement of real Bitcoin.
A costly reminder that exchange risk remains very real.
Published at
2026-02-06 14:10:18 UTCEvent JSON
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"content": "⚡️🚨 ALERT - Bithumb accidentally sends out 2000 BTC to users who immediately market dump\n\nA major operational mistake at South Korea’s crypto exchange Bithumb reportedly led to the accidental distribution of 2,000 BTC ($130M) instead of 2,000 KRW ($1.50) as a rewards payout.\n\nAccording to multiple reports, a staff member intended to issue a small random prize worth about $1.50 but mistakenly entered BTC as the unit. \n\nAs a result, hundreds of users received unexpected Bitcoin payouts, totaling roughly 2,000 BTC, valued near $130M at current prices.\n\nRecipients immediately sold, causing Bitcoin on Bithumb to crash more than 10% below global market prices before stabilizing.\n\nThe incident highlights how internal ledger errors and off-chain accounting can still create severe market dislocations, even in 2026, with no corresponding on-chain movement of real Bitcoin.\n\nA costly reminder that exchange risk remains very real.\nhttps://blossom.primal.net/7f04292df56eb7afc9c00bd23df306c1ec49cbe03663d57179010eb4b92e5fec.jpg\nhttps://blossom.primal.net/b15595d87db80f3bf9f700f2b873e24ec0d2c98ffcbedb88320499846ef437e0.jpg",
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