Bithumb may pay $2.2M to 30,000 users after altering promo

South Korea's Consumer Dispute Resolution Commission has ordered crypto exchange Bithumb to pay 100,000 won to each applicant of a disputed promotional event, Dong-A Ilbo reported. The case involves a promotion that began on Nov. 10 last year, offering first-time API traders a full fee rebate and a 100,000 won support payment. Bithumb later added a clause excluding one-time trades made solely to claim the reward, subsequently denying payment to some participants. The commission ruled that this change was the introduction of a new condition, not a clarification of existing terms. If the order is applied to all of the approximately 30,000 applicants, Bithumb could face a total payout of 3 billion won (about $2.2 million).