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Korean Regulator Evaluates Bithumb Airdrop Snafu: Users Legally Obligated to Return Assets

2026.02.09 16:38:10

Feb. 9 (Reuters) – South Korea’s Financial Supervisory Service (FSS) chief Lee Kang-hee said the cryptocurrency sector has structural vulnerabilities requiring urgent stronger regulation, following a recent Bithumb incident where customers received over $40 billion in Bitcoin by mistake. Lee emphasized users who received tokens from the accidental disbursement are legally required to return the assets. The FSS also took a cautious stance on “ghost tokens” and Bitcoin spot ETF products, adding it plans to broaden regulatory oversight through secondary legislation for the “Digital Asset Basic Law.”
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