Korean Regulator Evaluates Bithumb Airdrop Snafu: Users Legally Obligated to Return Assets

BlockBeats News, February 9th, according to Reuters, Lee Kang-hee, head of the Financial Supervisory Service (FSS) of South Korea, stated that there is a structural vulnerability in the cryptocurrency field and urgent need for strengthened regulation following the recent Bithumb incident where over $40 billion worth of Bitcoin was accidentally sent to customers.

Lee Kang-hee emphasized that users who received tokens due to the accidental sale are legally obligated to return the assets. Furthermore, regarding the introduction of "ghost tokens" and Bitcoin spot ETF products, the Financial Supervisory Service expressed a cautious stance and plans to further expand the regulatory scope through a secondary legislation of the "Digital Asset Basic Law."