Bitcoin in the Spotlight Amidst Corporate Scrutiny and Exchange Errors
Bitcoin in the Spotlight Amidst Corporate Scrutiny and Exchange Errors
Recent reports highlight challenges and controversies surrounding Bitcoin. Metaplanet's CEO has responded to accusations regarding undisclosed details and losses from the company's Bitcoin investments, sparking investor concern. Simultaneously, South Korean authorities are facing criticism over a significant operational error by the Bithumb exchange, where a substantial amount of BTC was mistakenly credited, leading to delays in the ongoing probe.
Metaplanet CEO Rejects Claims of Hidden Bitcoin Trade Details
Metaplanet’s Simon Gerovich addressed critics who accused the company of hiding losses and key details of its Bitcoin bets, as investor anger over leveraged Bitcoin treasuries spreads.
South Korean Authorities Under Fire Over Bithumb Bitcoin Error
Lawmakers criticize South Korea’s Financial Services Commission after Bithumb mistakenly credited 620,000 BTC and the probe faces delays.