South Korean Crypto Exchange Accidentally Gave Away $95 Billion in Bitcoin

In brief

• South Korean exchange Bithumb mistakenly credited users with 2,000 BTC each instead of a tiny cash reward.
• The error was corrected within five minutes, but not before users sold an estimated $2 billion worth, per local reports.
• The sell-off, only on Bithumb’s internal ledger and not on-chain, still triggered a sharp Bitcoin price crash on the exchange.