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Hong Kong Fund’s Actions Linked to Recent Bitcoin Price Decline; Bithumb...
Did a Hong Kong Fund Kill Bitcoin? Bithumb’s “Phantom” BTC Scandal – Asia Express Investigation
By | March 1 2026
Executive summary
Bithumb, one of South Korea’s largest crypto exchanges, is under scrutiny after an internal employee allegedly transferred 15‑times more “phantom” Bitcoin to user accounts than the platform actually held. ...





















