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Lawmakers Call for Stronger Crypto Oversight After Bithumb’s $43 Billion Error

Operational mistake at major exchange intensifies debate over supervision, custody standards and governance in South Korea’s digital asset market. South Korean lawmakers are pushing for tighter oversight of the country’s cryptocurrency industry after a major operational error at Bithumb exposed weaknesses in internal controls and regulatory supervision. The incident occurred on Feb. 6 during a promotional event, when the exchange mistakenly credited users with 2,000 Bitcoin...

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