Bithumb, one of Korea’s leading centralized exchanges (CEX), made a multi-billion dollar mistake overnight when management accidentally sent 2,000 BTC, worth almost $140 million, to more than 200 users instead of 2,000 WON, which is worth less than $1.5.
As users received the BTC, they immediately attempted to sell and offramp funds, briefly sending BTC on Bithumb almost 18% below the market price according to LookOnchain.
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