The Bithumb Blunder: How a Typo Sent ~$44 Billion in Bitcoin — What Happened, What Was Lost, and What Exchanges Must Learn
On Friday, February 6–7, 2026, one of the cryptocurrency industry's most extraordinary operational errors played out in plain sight: South Korean exchange Bithumb mistakenly distributed 620,000 bitcoins — roughly $44 billion at the time — during a promotional payout, briefly flooding recipients' accounts and triggering a sharp