Bobby Okposin

Bobby Okposin

South Korea Investigates Bithumb Following $41 Billion Promotional Error

South Korea Investigates Bithumb Following $41 Billion Promotional Error

According to reports, South Korean financial authorities have launched a formal investigation into Bithumb, the nation’s second-largest cryptocurrency exchange, after a catastrophic promotional error resulted in the accidental distribution of 620,000 “phantom” Bitcoin.  The Financial Supervisory Service (FSS)...

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