South Korean crypto exchanges have 90% success rate in recovery lawsuits
February 20, 2026, 2:28 AM
The five operators of South Korea's won-denominated exchanges have a 90% success rate in civil lawsuits filed to recover mistakenly transferred funds from customers, Digital Asset reported. An analysis of 20 court rulings between 2017 and 2025 involving Dunamu, Bithumb, Coinone, Korbit, and Streami found that the exchanges won or partially won 18 cases, with only one loss and one forced mediation. The findings are notable in light of Bithumb's mistaken distribution of 620,000 Bitcoin on Feb. 6, as some recipients have reportedly not returned the funds, instead selling them for cash or swapping them for other virtual assets.
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