Episode Details

Bithumb, the South Korean crypto exchange, just scored major legal wins after a colossal Bitcoin error—accidentally crediting 620,000 BTC worth $40 billion—led to lawsuits against users who cashed out before the freeze. Courts sided with Bithumb in two cases, ruling those users must repay the exchange, even though legal notices had to be posted publicly. The fallout includes ongoing regulator scrutiny, potential sanctions, and other legal troubles like a police raid and suspended operations—all while Bithumb fights to recover billions from its own massive system glitch.

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