South Korea's supreme court has upheld the ruling for crypto exchange Bithumb to pay customers who suffered from its service outage. cryptocurrency
South Korea’s supreme court has upheld the ruling for Bithumb, the country’s largest cryptocurrency exchange, to pay damages to more than a hundred customers who filed a lawsuit claiming they suffered financial losses resulting from the exchange’s service outage.The South Korean supreme court has issued a final ruling in a case involving a service outage at Bithumb, the country’s largest cryptocurrency exchange, Yonhap reported.
The court has ordered Bithumb to pay damages totaling 251.4 million won to 132 investors who filed a lawsuit against the crypto exchange operator following the service outage, officials said Friday. The plaintiffs claimed that they suffered financial losses due to steep price drops in a number of cryptocurrencies, such as bitcoin cash (
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