Bithumb Wins Two Lawsuits Over Incorrect Bitcoin Credits
Bithumb, a South Korean cryptocurrency exchange, has secured court wins in two of four lawsuits aimed at recovering money from users who sold Bitcoin that was mistakenly credited to their accounts.
The decisions, handed down by the Seoul Central District Court, relate to claims of 5 million won (about $3,600) and 194 million won (about $140,000).
Bithumb's broader recovery effort follows a February 2026 promotional error involving 620,000 BTC ($79,990.00 · Live). The company recovered 618,212 BTC (about 99.7% of the erroneously credited amount), but some users had already converted part of the credited balances by selling 1,788 BTC before Bithumb froze the impacted accounts.
The court also handled notice service via public notice in both cases because standard methods for delivering documents were unsuccessful.