Bithumb Seeks Recovery of 7 Bitcoin in Payout Error Incident

Bithumb, a major South Korean cryptocurrency exchange, is taking steps to recover 7 Bitcoin that were mistakenly transferred due to an error in its payout system.

The exchange reportedly paid out $40 billion as part of a transaction, but the funds were not accurately credited. As a result, Bithumb has filed a request with authorities to seize the incorrectly paid Bitcoin.