BlockBeats News, February 13th. According to the South Korean Chosun Ilbo, in response to the recent incident where Bithumb mistakenly sent out 620,000 bitcoins, South Korean banks that have real-name account relationships with Bithumb and other exchanges are taking a cautious stance on contract renewal to prevent potential reputation risks. KB Kookmin Bank, which has a real-name account contract with Bithumb expiring next month, is currently requesting Bithumb to strengthen internal audits. In addition, K Bank (partnered with Upbit, contract expiring in October) and Kakao Bank (partnered with Coinone, contract up for renewal in the 3rd quarter) are also closely monitoring the situation and conducting a comprehensive evaluation for contract renewals.
On February 6th, Bithumb had planned to distribute a total of 620,000 Korean won in rewards to event winners but mistakenly sent out 620,000 bitcoins (worth approximately 62 trillion Korean won) due to a unit input error. Although Bithumb revoked 618,100 bitcoins in the transaction records before they were posted to the blockchain, 1,788 bitcoins were still effectively sent out.
