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Crypto Firm Accidentally Sends $44 Billion in Bitcoin to Users
Yahoo Finance· 2026-02-09 14:31
This event highlights the importance of robust internal control systems and the need for exchanges to ensure the accuracy of their promotional activities. Strengthening these systems could prevent similar incidents and help maintain investor confidence in the cryptocurrency market.Bithumb, which trails behind Upbit in the South Korean crypto market, will likely face increased scrutiny and pressure to bolster its internal controls and prevent future errors of this magnitude.As per the report, the regulators’ ...