Bithumb Completes Bitcoin Mistransfer Incident Handling and Initiates User Compensation

According to a Bithumb announcement, the platform has completed all handling work related to the previous Bitcoin mistransfer incident. It confirmed that as of 22:42:52 on February 7, 2026, users' Bitcoin (BTC) assets have achieved over 100% asset reconciliation. Bithumb stated that approximately 99.7% of the mistakenly transferred Bitcoin was recovered on the day of the incident. The remaining 0.3% (1,788 BTC) that had been sold was replenished using the company's own assets to ensure user assets were unaffected.

The announcement shows that currently, all crypto asset reserves held by Bithumb, including BTC, are fully consistent with or exceed user holdings. The platform also published a timeline of the incident handling and announced that starting from February 8, it will initiate user compensation measures in batches. These include distributing 20,000 KRW compensation to users who were online during the incident, refunding the price difference to users who sold at a low price with an additional 10% consolation payment, and offering a 0% trading fee promotion for all trading pairs for a period of 7 days starting from February 9.