March 8, 2026

Bithumb recovers 100% of 620,000 Bitcoin miscredit incident

Bithumb recovers 100% of 620,000 Bitcoin miscredit incident

The resolution of the Bithumb miscredit incident involved recovering 99.7% of the 620,000 BTC initially miscredited, with the remaining 1,788 BTC covered using company reserves to ensure full restitution. This swift resolution is indicative of a broader trend among South Korean cryptocurrency exchanges, which have been enhancing operational safeguards and promptly addressing incidents to bolster user trust amid increased regulatory scrutiny.

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