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South Korea probes Bithumb after $43B ‘phantom’ Bitcoin payout

South Korea probes Bithumb after $43B ‘phantom’ Bitcoin payout

BearishBTC logoBTC
Cointelegraph logoCointelegraph•February 10, 2026•1 min read
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South Korean authorities have launched an investigation into Bithumb after it mistakenly credited 620,000 BTC to users, adding to concerns about “paper Bitcoin” and internal controls.