Bithumb recovers 99% of 1,788 unrecovered BTC

South Korean crypto exchange Bithumb has recovered 99% of the 1,788 BTC it had previously failed to retrieve following a mistaken distribution, Digital Asset reported. The recovery rate stood at 93% as of this past February. The exchange had previously faced criticism over an incident where it mistakenly distributed 620,000 BTC. Bithumb explained that while the number of unrecovered bitcoins can be specified as 1,788, it is difficult to determine a specific value in Korean won because the recipients traded the assets after the mistaken distribution.