#bithumb

#bithumb

On April 30, 2026, Judge Gong Hyeon-jin of the Seoul Administrative Court accepted Bithumb's request for a stay of execution, temporarily blocking a six-month partial business suspension that South Korea's Financial Intelligence Unit had imposed in March.

Bithumb, one of South Korea's largest cryptocurrency exchanges, ran a regular promotional campaign in early February 2026. However, it turned into a major regulatory concern. What started as a simple internal data-entry mistake briefly displayed hundreds of thousands of "ghost Bitcoin" on user dashboards. Some account holders actually traded those balances, prompting regulators to examine the inner mechanisms of centralized crypto platforms more closely.