Asset Recovery
What the $44B Bithumb Error Teaches Custodians: Reconstructing the Payout, Recovery, and Controls
Bithumb’s promotional typo that briefly credited users with the equivalent of ~620,000 BTC exposed massive gaps in exchange custody, reconciliation, and legal remedies. This investigation reconstructs the mishap, reviews Bithumb’s court seizure efforts, and maps concrete controls and recommendations for custodians and regulators.
Published at 2026-04-09 13:42:51
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