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

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

February 9, 2026 j n

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 […]