Bithumb's $40 Billion Typing Blunder: Now Hunting Seven Bitcoin in Court
One wrong letter, and Bithumb owed $40 billion in bitcoin. Months later, they're in court over seven BTC — exposing the razor-thin line between glitch and giveaway in crypto.
⚡ Key Takeaways
- A simple typo created $40B in phantom bitcoin, highlighting crypto's vulnerability to human error. 𝕏
- Bithumb is using Korean courts for asset freezes under unjust enrichment rules to recover seven BTC. 𝕏
- This pushes exchanges toward AI-monitored systems and smart contracts to prevent future glitches. 𝕏
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Originally reported by CoinDesk
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