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>>Bithumb requests a court order to seize assets in order to retrieve Bitcoin lost in a $44 billion error.

Bithumb requests a court order to seize assets in order to retrieve Bitcoin lost in a $44 billion error.

crypthub

1 day ago

Lawsuit to Recover Mis‑sent Bitcoin

Bithumb, a South Korean cryptocurrency exchange, has initiated a lawsuit aimed at retrieving funds that were erroneously transferred to users in February.

Details of the Error and Regulatory Action

On 6 February 2026, Bithumb mistakenly sent 620,000 BTC—valued at roughly $44 billion—in a clerical mistake. The incident triggered an inspection by the Financial Supervisory Service, which is now tightening virtual‑asset protection laws and tightening control regulations for the exchange.

Bithumb requests a court order to seize assets in order to retrieve Bitcoin lost in a $44 billion error.

Lawsuit to Recover Mis‑sent Bitcoin

Details of the Error and Regulatory Action

Bithumb requests a court order to seize assets in order to retrieve Bitcoin lost in a $44 billion error.