The $130 Million Fat-Finger: Bithumb’s Accidental Airdrop Turns 635 Users into Millionaires

Bithumb inadvertently airdropped 2,000 BTC to 635 users, resulting in an estimated $130M loss, a rapid 20% price drop on the exchange, and possible forced liquidations; some users quickly sold via C2C to fiat and can legally keep proceeds under South Korean law, while unsold BTC was frozen for recovery. The exchange states there was no external compromise or security breach, briefly paused withdrawals, restored services, and has not yet clarified compensation for affected margin traders.