BitcoinWorld Bithumb Rejects $2.2M Compensation Plan for API Trading Losses, Escalating Legal and Regulatory Risks South Korean cryptocurrency exchange Bithumb has rejected a consumer dispute mediation proposal that would have required it to pay approximately 3 billion won ($2.2 million) in compensation to users affected by an automated trading (API) incident. The decision, reported exclusively by the Seoul Economic Daily, raises the prospect of civil litigation and adds to existing […] This post Bithumb Rejects $2.2M Compensation Plan for API Trading Losses, Escalating Legal and Regulatory Risks first appeared on BitcoinWorld.