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South Korean Exchange Loses $5 Million in Accidental Bitcoin Airdrop

Published 01/21/2019, 02:40 PM
Updated 01/21/2019, 03:07 PM
© Reuters.

South Korean crypto exchange Coinnest is looking to take back cryptocurrencies accidentally sent to clients in an airdrop.

The exchange announced last week that some 6 billion Korean won (around $5.3 million) in bitcoin and other cryptocurrencies were sent to customers due to a computer error, according to CoinDesk Korea. The exchange was trying to airdrop We Game Tokens (WGT) when the incident occurred.

Further, due to the server issue, some customers also received Korean won from the exchange. The exchange has no plans to compensate users for any losses suffered through its server issues.

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