According to Happy Coin News, the agency will be conducting a thorough investigation. Ultimately, authorities will take strict measures against "any actions that undermine market order." According to some reports, authorities are focusing their investigation on how Bithumb distributed a Bitcoin volume significantly exceeding its actual reserves. During the incident, 620,000 BTC were transferred, while the exchange held only about 46,000 BTC at the time.

As a reminder, on February 6, the South Korean exchange accidentally distributed 620,000 BTC ($43.1 billion) among hundreds of user accounts as part of a promotional campaign. The error occurred because an employee entered BTC, rather than South Korean won (KRW), as the reward unit. Bithumb has already returned 99.7% of the mistakenly distributed bitcoins. Approximately 125 BTC remain unavailable.

The exchange stated that it will compensate affected users for 110% of their losses, as the incident caused the Bitcoin exchange rate to drop by approximately 15% against the Korean won on the platform. A Bithumb representative also assured that the exchange will strengthen its internal controls and establish a user protection fund of 100 billion won ($68 million) to assist users in the event of unforeseen circumstances.