The world's huge grass-roots team! South Korea's second-largest cryptocurrency exchange Bithumb experienced a brief downward spike in Bitcoin of -22%.
The reason was that Bithumb mistakenly sent 2000 Bitcoins as a reward of 2000 Korean Won to hundreds of users.
The users who received the money immediately sold off, cashed out, and quickly withdrew to run away.
Bithumb has just released an apology announcement, further confirming this incident.
Staff mistakenly treated 2000 Bitcoins as 2000 Korean Won and sent them out as rewards, while also admitting that some users sold these Bitcoins for cash.
Currently, they have frozen the accounts of the users who received the Bitcoins.
The first farce of the new year 2026.