Bithumb, the South Korean crypto exchange that gained notoriety after a $43bn "fat finger" error, has received temporary relief from a local court after being handed a six-month suspension, according to the Korea Herald.
Bithumb Gets Court Reprieve From Six-Month Suspension: Local Media
1 May 2026 - 14:40 CEST
During a promotional event in February, an exchange employee accidentally distributed 620,000 Bitcoin (BTC), currently valued at $47.8bn, instead of 620,000 won ($460) worth of BTC. Bithumb recovered all but seven BTC and is pursuing legal action to retrieve the remaining tokens, according to local media reports.
The mistaken distribution drew scrutiny from South Korean regulators, who imposed a $24.8mn fine and a six-month suspension on the exchange. The incident also prompted the Bank of Korea to push for stock exchange-style circuit breakers to be implemented across local digital asset trading platforms.
