FSS extends probe into Bithumb's 'ghost coin' incident

South Korea's Financial Supervisory Service (FSS) has extended its inspection into Bithumb's 60 trillion won ($43.5 billion) erroneous Bitcoin payment incident until the end of this month, Yonhap News TV reported. According to financial authorities, the inspection period was prolonged from its original end date of Feb. 13. The extension was reportedly granted after it was determined that more time was needed, even though FSS Governor Lee Chan-jin had told the National Assembly he expected to receive the results by last week. The controversy over the exchange's poor internal controls is expected to grow amid speculation that additional cases of incorrect payments may be discovered.