emergencyBreaking NewsKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisisKim Tucker Tremblay’s Boston Marathon Run Targets $9,000 for Hopkinton Emergency FundMortgage Rates Dip as Global Tensions Ease, but 'Lock-In' Effect Inhibits RefinancingA three-month extension on margin rule compliance could prevent forced sell-offs in Bangladesh’s distressed marketFundstrat Predicts S&P 500 Target of 7,300 as Sector Repricing Limits Pullback DepthStrong corporate earnings and investor skepticism keep markets from collapsing during Middle East crisis
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Home/Briefs/cryptocurrency exchange
BriefApril 9, 2026 · 04:27 PM

Bithumb Seeks Asset Freeze to Recover 7 Bitcoin from $42 Billion System Error

Users who have not returned funds from a Bithumb system error now face a provisional asset freeze. The exchange filed for the freeze after a technical mistake on February 6 triggered the transfer of 620,000 Bitcoin, worth approximately $42 billion at the time, instead of a planned reward distribution of 620,000 won to 249 winners. Bithumb reversed most transactions within minutes and retrieved 99.7% of the assets the same day. The exchange replenished 1,788 BTC that had been offloaded. Seven Bitcoin remain unaccounted for.

Hazel Thornton
cryptocurrency exchangeasset recoverysystem error

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