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Daily News
$40 Billion Bitcoin Error Rocks Bithumb as Internal Controls Collapse
Hey FinTech Fanatic!
South Korea’s second-largest crypto exchange, Bithumb, just admitted to a $40 billion transfer error after an internal system failure. 👀
During a promo payout, the exchange distributed 620,000 Bitcoin instead of 620,000 Korean won. That’s roughly 15x its reported BTC reserves. A 24-hour processing
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