South Korea’s FSS warns Bithumb users on February 12 amid smishing tied to 620,000 BTC error

On February 12, South Korea’s Financial Supervisory Service urged Bithumb customers to ignore URLs in compensation notices, saying every link is fraudulent because no payout schedule has been announced. The alert follows a transfer mistake that sent 620,000 Bitcoins to users; the exchange says it has recovered 99.7% and outlined fee waivers and 110% refunds.