The South Korean exchanges Upbit and Bithumb have agreed to compensate users with 2.5 million dollars after service interruptions caused by the surge in crypto activity during the declaration of martial law in South Korea.
Let’s see all the details in this article.
The crypto exchanges Upbit and Bithumb compensate investors with $2.5 million for the inconveniences caused by martial law
On December 3, 2024, South Korean President Yoon Suk Yeol declared martial law, triggering panic in the financial markets and cryptocurrency markets.
The announcement, broadcast live on television, generated an unprecedented surge in user activity on the country’s main crypto platforms. In particular, the exchanges Upbit and Bithumb recorded an exponential increase in traffic.
Upbit, which usually handles about 100,000 simultaneous users, found itself facing over 1.1 million users on the same day.
Bithumb and Coinone also experienced an influx of over 500,000 users each, causing sig
We współpracy z: https://en.cryptonomist.ch/2025/01/23/upbit-and-bithumb-record-compensations-from-crypto-exchanges-for-users-after-service-interruptions/
