BITHUMB ACCIDENTALLY SENDS OUT 2000 BTC TO USERS WHO IMMEDIATELY MARKET DUMP A major operational mistake at South Korea’s crypto exchange Bithumb reportedly led to the accidental distribution of 2,000 BTC ($130M) instead of 2,000 KRW ($1.50) as a rewards payout. According to multiple reports, a staff member intended to issue a small random prize worth about $1.50 but mistakenly entered BTC as the unit. As a result, hundreds of users received unexpected Bitcoin payouts, totaling roughly 2,000 BTC, valued near $130M at current prices. Recipients immediately sold, causing Bitcoin on Bithumb to crash more than 10% below global market prices before stabilizing. The incident highlights how internal ledger errors and off-chain accounting can still create severe market dislocations, even in 2026, with no corresponding on-chain movement of real Bitcoin. A costly reminder that exchange risk remains very real.