Bithumb to Pay Compensation After $BTC Distribution Error…

South Korean exchange Bithumb has announced a large scale compensation program following an erroneous distribution of 620,000 BTC to 695 users on February 6, 2026.

✅ The exchange reported that 99.7% of the assets (618,212 BTC) have been successfully recovered. The remaining 1,788 BTC will be fully compensated from Bithumb’s own funds.

Bithumb also pledged to reimburse losses from panic selling, estimated at around 10 billion won.

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