Bithumb

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South Korean financial regulator issues suspension notice to Bithumb cryptocurrency exchange for compliance failures
Blockchain News

Breaking: Bithumb Faces Six-Month Partial Suspension in South Korea Over AML Failures

March 10, 2026 Jackson Miller

SEOUL, SOUTH KOREA — March 12, 2026: South Korea’s Financial Intelligence Unit (FIU) has issued cryptocurrency exchange Bithumb a preliminary notice of a six-month partial business suspension for alleged anti-money laundering and know-your-customer failures. The regulatory action, confirmed by local media reports on Monday, represents the latest escalation in South Korea’s crackdown on cryptocurrency compliance […]

South Korea Financial Intelligence Unit building where Bithumb suspension decision was made
Bitcoin News

Breaking: Bithumb Faces Six-Month Partial Suspension Over Critical AML Failures

March 10, 2026 Jackson Miller

SEOUL, March 10, 2026 — South Korea’s Financial Intelligence Unit has issued Bithumb, the country’s second-largest cryptocurrency exchange, a preliminary notice of a six-month partial business suspension. The regulatory action targets alleged failures in anti-money laundering controls and customer verification practices under the Act on Reporting and Using Specified Financial Transaction Information. This enforcement represents […]

South Korean financial regulator issues suspension notice to Bithumb cryptocurrency exchange for compliance failures
AI News

Breaking: Bithumb Faces 6-Month Partial Suspension in South Korea Over AML Failures

March 10, 2026 CoinPulseHQ Editorial

SEOUL, South Korea — March 10, 2026: South Korea’s Financial Intelligence Unit has issued Bithumb, the country’s second-largest cryptocurrency exchange, a preliminary notice of a six-month partial business suspension for alleged anti-money laundering and know-your-customer failures. The regulatory action follows months of intensified scrutiny over cryptocurrency compliance practices and represents the most significant enforcement measure […]

South Korea launches a full Bithumb probe after a massive $43 billion Bitcoin transfer error at the crypto exchange.
Blockchain News

Bithumb Probe: South Korea Launches Full Investigation After Staggering $43B Bitcoin Error

February 10, 2026 Jackson Miller

Seoul, South Korea – April 2025: South Korea’s top financial regulator has escalated its scrutiny of cryptocurrency exchange Bithumb into a formal, full-scale investigation. This decisive action follows the revelation of a catastrophic operational error that mistakenly distributed Bitcoin valued at approximately $43 billion to users. The Bithumb probe now represents one of the most […]

Analyst investigates the Bithumb Bitcoin glitch showing fake cryptocurrency data on trading screens.
Blockchain News

Bithumb Glitch: Shocking System Error Displayed 620,000 Fake Bitcoin, Triggers Regulatory Probe

February 9, 2026 Jackson Miller

Seoul, South Korea – March 21, 2025: A significant technical failure at Bithumb, one of South Korea’s largest cryptocurrency exchanges, has triggered immediate regulatory inspections. The Bithumb glitch caused internal systems to erroneously record approximately 620,000 Bitcoin—a staggering figure representing tens of billions of dollars—that did not exist on the blockchain. This incident, detected during […]

Bithumb secures $40 billion Bitcoin after a major exchange error, preventing a market crisis.
Blockchain News

Historic Recovery: Bithumb Secures $40B in Bitcoin After Catastrophic Airdrop Blunder

February 7, 2026 Jackson Miller

Seoul, South Korea – March 15, 2025: In a stunning display of crisis management, the South Korean cryptocurrency exchange Bithumb has successfully recovered 99.7% of an erroneous airdrop totaling 620,000 Bitcoin, valued at over $40 billion. The near-catastrophic operational mistake, which briefly triggered a flash crash on the platform, represents one of the most significant […]

Bitcoin price crashes on Bithumb exchange after a major staff transfer error of 2,000 BTC.
Blockchain News

Bitcoin Price Plummets: Bithumb Staff Error Transfers 2,000 BTC in Airdrop Blunder

February 7, 2026 Jackson Miller

Seoul, South Korea, March 2025: The Bitcoin price experienced a sudden and severe drop on the South Korean cryptocurrency exchange Bithumb today, following a significant operational error by exchange staff. Blockchain analytics firm Lookonchain reported that the incident, which involved the erroneous transfer of 2,000 BTC (approximately $130 million USD at the time) amid an […]

Digital interface showing a crypto exchange error and a crashing Bitcoin price graph after Bithumb's mistake.
Blockchain News

Bithumb’s Shocking 2,000 BTC Error Triggers Instant Market Panic and Sell-Off

February 7, 2026 Jackson Miller

Seoul, South Korea – April 10, 2025: A catastrophic internal error at the South Korean cryptocurrency exchange Bithumb sent shockwaves through the digital asset market today. The platform mistakenly credited users with approximately 2,000 Bitcoin (BTC) – valued at over $130 million at the time – instead of a minor promotional reward. This staggering administrative […]

Courtroom scene symbolizing Ahn Sung-hyun's acquittal in the cryptocurrency listing bribery case.
Blockchain News

Stunning Verdict: Pro Golfer Ahn Sung-hyun Acquitted in Crypto Listing Bribery Appeal

February 2, 2026 Jackson Miller

Seoul, South Korea – February 2, 2025: In a stunning legal reversal, professional golfer Ahn Sung-hyun has been acquitted of all charges related to a high-profile cryptocurrency listing bribery scandal. The Seoul High Court’s decision overturns a previous four-and-a-half-year prison sentence, marking a dramatic turn in a case that has captivated South Korea and exposed […]

Bithumb crypto exchange complies with OFAC sanctions by suspending transactions with Iran-related exchanges Zedxion and Zedcex.
Blockchain News

Bithumb Takes Decisive Action: Suspends Transactions with Sanctioned Iran-Related Crypto Exchanges

February 2, 2026 Jackson Miller

Seoul, South Korea: In a significant move highlighting the tightening regulatory landscape for cryptocurrency, South Korea’s leading digital asset exchange, Bithumb, has announced a decisive suspension of deposit and withdrawal services for two specific platforms. The action targets the Iran-related exchanges Zedxion and Zedcex, following their designation on the U.S. Department of the Treasury’s Office […]