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Bithumb Acknowledges Mistakenly Airdropping a Large Amount of Bitcoin to Users, Related Accounts Frozen

2026-02-06 15:29

BlockBeats News, February 6th. South Korean exchange Bithumb issued a statement today acknowledging that it mistakenly airdropped a large amount of Bitcoin to customers, who then sold it, causing a significant drop in the platform's Bitcoin price. The announcement stated, "During today's airdrop event, an abnormal amount of Bitcoin was mistakenly sent to some users due to a system error. Some accounts that received this reward sold it, causing a short but intense Bitcoin price fluctuation. Bithumb stated that its internal system quickly identified the issue and restricted the affected accounts, and the market price returned to normal within 5 minutes, with the anti-liquidation system ensuring that no cascading liquidation occurred. This incident was unrelated to external hacking or security vulnerabilities, and user assets are secure with normal trading and fund withdrawal operations."


In previous news, according to Dumpster DAO core member Definalist, South Korean cryptocurrency exchange Bithumb's employees mistakenly airdropped 2000 Korean Won as 2000 BTC to several hundred users during a reward distribution. As a result of this event, the price of Bitcoin on the Bithumb platform dropped 10% compared to other markets briefly.

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