Bithumb remains a key player in South Korea’s crypto market structure — local trading volume trends, regulatory compliance landscape, user fund security measures, KRW market liquidity, exchange operations, listing policies, and the role of regional platforms in global crypto flows — covered with data-driven analysis and regional market context.
Two months after accidentally sending 620,000 BTC worth roughly $42 billion to 249 users instead of 620,000 Korean won each, the exchange has exhausted informal recovery options and turned to the courts.
Bithumb mistakenly sent 620,000 BTC instead of 620,000 Korean won to customers in February, triggering a localized price crash. South Korea's central bank now wants exchanges to have automated trading halts and real-time asset verification systems.
