Bithumb Secures Another Court Victory Over Miscredited Bitcoin

Bithumb has secured another court victory in its efforts to recover funds following a February error that saw hundreds of accounts mistakenly credited with roughly 620,000 BTC. The Seoul Central District Court ordered one customer to return about $140,400 (194 million won) after they sold the incorrectly credited Bitcoin.

The ruling adds to Bithumb's growing list of successes in court, with two other claims pending involving $10,700 (14.8 million won) and $362,000 (500 million won). The exchange filed the claim in March to recover the money linked to the February error, which occurred during a random-box promotion for small cash prizes.

A staff member entered Bitcoin instead of Korean won, causing internal records to show roughly 620,000 BTC across hundreds of accounts. Notably, this figure was far above Bithumb's actual holdings of about 40,000 BTC.