Bithumb Corrects Payout Error After Abnormal Bitcoin Trades

Bithumb identified and corrected an internal payout error after an "abnormal amount" of Bitcoin was credited to some user accounts during a promotional event, briefly causing sharp price fluctuations on the exchange. The price dislocation followed sales of the mistakenly credited Bitcoin, but the exchange quickly restricted affected accounts through internal controls, allowing market prices to stabilize within minutes and preventing chain liquidations.

Bithumb said the incident was unrelated to any hacking or security breach and did not result in losses to customer assets; trading, deposits and withdrawals are operating normally. The company added that customer funds remain safely managed and it will transparently disclose follow-up actions to prevent similar errors.

Bithumb did not disclose the amount involved, though several users on X claimed some accounts were erroneously credited with roughly 2,000 Bitcoin—an unverified claim.