South Korea's FSS: Users Must Return Assets From Bithumb's $40B Bitcoin Error

South Korea's Financial Supervisory Service said customers who sold tokens from Bithumb's accidental distribution of over $40 billion in Bitcoin on Feb. 9 are legally obliged to return the assets, Reuters reports. The FSS chief said the crypto sector has structural vulnerabilities and urgently needs stronger oversight. The watchdog added it would take a cautious stance on "ghost tokens" and Bitcoin spot ETF launches, and plans to expand its remit through a second phase of the Digital Asset Basic Act.