Oops! 2,000 BTC Airdrop Turns Bithumb’s Bitcoin into a Comedy Show

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On that fateful day, February 6, 2026, the bustling halls of South Korea’s cryptocurrency exchange, Bithumb, became the stage for a grand farce-a real-life scene that could make even the most stoic of traders chuckle.

Ah, Bithumb, the exchange with a knack for drama! Memories of past escapades danced in the minds of many, reminiscent of data leaks where customer information vanished faster than a magician’s rabbit.

Bithumb’s Accidental 2,000 BTC Airdrop Sparks 10% Bitcoin Crash on Exchange

Picture this: a staff member, perhaps distracted by dreams of riches, mistakenly distributes 2,000 Bitcoin (BTC) to eager users instead of the intended 2,000 Korean Won (KRW). It was like handing out gold coins at a penny arcade!

The aftermath? A swift wave of sell-offs surged through the exchange, causing Bitcoin’s price to plunge-like a bird that took a wrong turn and hit the ground hard-down more than 10% from global market rates.

And who broke the news of this blunder? None other than our friend Definalist from Dumpster DAO, who reported it as a routine airdrop. Routine, indeed, except for the part where they accidentally showered users with Bitcoin instead of modest KRW rewards!

In this chaotic comedy, some fortunate souls found themselves grinning like Cheshire cats, cashing in their unexpected Bitcoin bounty at market prices. Talk about a sweet mistake!

“It looks like hundreds of users got that accidental 2,000 BTC. It’s a total comedy of errors-apparently, a staff member meant to give out 2,000 KRW as a random box prize but typed BTC instead. Crazy to think that exchanges can still do paper trading like this, even in 2026 lmao,” tweeted Definalist.

This little incident raised eyebrows, prompting questions about just how tightly Bithumb had its internal controls fastened. After all, handling high-value digital assets requires a bit more finesse than a clumsy slapdash of keys.

“Crazy to think that exchanges can still do paper trading like this, even in 2026 lmao,” remarked the ever-witty Definalist.

Interestingly enough, the Bitcoin price tumble was largely confined to Bithumb. Other exchanges were blissfully unaware, untouched by the selling frenzy that crashed like an uninvited party guest.

Despite the laughter echoing through the crypto community, this incident serves as a stark reminder of the operational risks lurking in the shadows, ready to pounce at any moment. A single keystroke can unleash pandemonium in the marketplace.

Bithumb, meanwhile, remained mum, not bothering to respond to BeInCrypto’s inquiries or issue a statement. Perhaps they were too busy figuring out how to untangle this web of chaos.

In the days to come, this event might just rattle the cages of market confidence, especially in exchanges prone to similar faux pas.

Bithumb’s Operational History and Corporate Changes Highlight Ongoing Risks

Let’s not forget Bithumb’s colorful past, a veritable tapestry of security antics and operational hiccups. In 2017, a data breach exposed customers’ secrets faster than you could say “not again.” And in 2020, the courts found them partially liable for a user losing $27,200-a ruling that felt more like a slap on the wrist than a stern rebuke.

Customers were left wondering if they had seen the scam attempts coming, and the court, in its wisdom, decided to award only $5,000 in damages. Quite the bargain for losing your precious data, wouldn’t you agree?

As if that weren’t enough, Bithumb’s corporate saga continued with significant changes, including a 50% stake sold to BK Global Consortium in 2018, amidst a broader crypto investment contraction that saw funds dry up faster than a desert well.

While crypto adoption marches forward, the shadow of human error looms large, reminding us that even the brightest stars in the exchange universe can stumble over their own feet.

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2026-02-06 17:40