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South Korean cryptocurrency exchange Bithumb has officially confirmed that an operational error led to an abnormal Bitcoin payout during a promotional event.
The incident triggered a brief but sharp price dislocation on the platform before markets stabilized within minutes.
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Bithumb Confirms Accidental Bitcoin Payout
In a statement, Bithumb apologized to users, acknowledging that “an abnormal amount of Bitcoin was paid to some customers” during the event, which caused temporary…
