Crypto Exchange Coinone Wins Court Battle Over Doubled Bitcoin Withdrawals in 2018 Network Chaos

Crypto Exchange Coinone Wins Court Battle Over Doubled Bitcoin Withdrawals in 2018 Network Chaos

The court ruled the customers benefited from unjust enrichment due to a network delay, not the exchange’s servers.

Court Orders Users To Repay Coinone After Bitcoin Glitch Led To Double Withdrawals - FinanceFeeds

South Korean crypto exchange Coinone has successfully appealed a ruling involving a 2018 glitch that allowed several users to withdraw bitcoin twice during a period of heavy network congestion. The Seoul Western District Court’s second civil division sided with Coinone, ordering five customers to return the funds. The court ruled that the users benefited from “unjust enrichment,” as the exchange already completed the first withdrawal on-chain be…

Bitcoin: South Korean Court's Crucial Ruling Orders Return Of Coinone Glitch Funds

BitcoinWorld Bitcoin: South Korean Court’s Crucial Ruling Orders Return of Coinone Glitch Funds Imagine waking up to find extra Bitcoin in your crypto wallet, not through a successful trade, but due to a system glitch. Sounds like a dream, right? For some users of the South Korean crypto exchange Coinone in 2018, this was a reality. However, what started as an unexpected windfall has now culminated in a landmark legal battle, with a South Korean…