February 11, 2026

South Korea’s Bithumb Probed by Lawmakers as CEO Blames Glitch for $40B Bitcoin Error

Bithumb, a South Korean crypto exchange, is now facing scrutiny from lawmakers in the country over an airdrop error of over $40 billion. The firm’s CEO blamed a system glitch when asked how this error occurred. Lawmakers Press Bithumb CEO on Bitcoin Transfer Error According to Bloomberg, South Korean lawmakers summoned the firm’s chief executive

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