Bithumb will begin distributing compensation starting today.

PANews reported on February 8th that Bithumb released an update on its handling of the mistaken Bitcoin distribution incident. The company has completed the process, recovering 99.7% of the mistakenly distributed Bitcoins on the same day. The remaining 0.3% (approximately 1,788 Bitcoins) had already been sold and were fully replenished using the exchange's own assets. As of 22:42:52 on February 7th, 2026, Bithumb's Bitcoin asset consistency has been restored to 100%.

The main developments in this incident are as follows:

• 2026-02-06 19:00: Overpayment of event rewards occurred.
• 2026-02-06 19:35: Start freezing transactions and withdrawals of accounts that have exceeded payment limits.
• 2026-02-06 19:40: Completed freezing of transactions and withdrawals in accounts with excessive payment limits, and began recovery efforts.
• 2026-02-07 00:23: First Announcement (Incident Situation and Progress of Preliminary Measures)
• 2026-02-07 04:30: Second Announcement (Cause of the Incident and Progress of Asset Recovery for Overpayment)
• 2026-02-07 13:00: On-site inspection by the State Financial Supervision and Administration Bureau begins.
• 2026-02-07 17:33: Third Notice (announcing a plan to prevent recurrence and provide customer protection and compensation)
• 2026-02-07 22:42: All 1,788 bitcoins sold have been settled using company assets.

In addition, according to the previously announced compensation plan, the compensation will be distributed in sequence starting today.

• 1) For all customers who were logged into the Bithumb application or website at the time of the incident: 20,000 Korean won will be paid.
• 2) Compensate users who sold Bitcoin at a low price during the event with 100% of the actual selling price difference plus an additional 10% consolation money.
• 3) All trading instruments will be exempt from transaction fees for 7 days (effective from 00:00 on February 9, 2026).