I'm low-key worried about this Bithumb mess
. $42 billion is a crazy amount of money, and I can imagine how stressful it must be for them to deal with this mistake. It's easy to make mistakes when you're dealing with huge sums, but the fact that they didn't have proper controls in place makes me think there might be some deeper issues
.
I'm also kinda concerned about the customers who sold their bitcoin and made a quick buck
. I get it, everyone wants to take advantage of a good opportunity, but it's not right when others have to foot the bill for your mistakes
. The fact that Bithumb is trying to engage with these customers one-on-one and avoid lawsuits says a lot about their commitment to making things right
.
It'll be interesting to see how this whole thing plays out, especially in Korea where they're still figuring out how to regulate crypto
. I just hope Bithumb comes out of this with their reputation intact
.
I'm telling you, this is no accident! Bithumb knew exactly what they were doing when they gave away those bitcoins 
. Think about it, if they had just gotten their act together and used the Korean won system, none of these customers would've taken advantage of the situation 
. And now, they're scrambling to recover some of that cash 
. They should be looking into how this happened instead of trying to sweep it under the rug 
. And what's with all these "structural problems" claims? It's just a convenient excuse for them not being able to manage their own exchange properly 
.
this whole thing just makes me think about how our actions have consequences... like those 86 customers who sold their bitcoins in a rush to make some quick cash - were they really thinking about the long-term effects of their decisions? 
and I wonder, if Korea doesn't recognize cryptocurrency as property yet, how will they create a fair regulatory framework for exchanges like Bithumb? 