Supreme Court of Korea Orders Trading Platform Bithumb to Pay $202,400 to Customers

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The Supreme Court of Korea has ordered Bithumb to pay a total of $202,400 in a lawsuit filed by 132 investors as compensation for damages due to the temporary suspension of the platform.

According to a local publication, the incident took place on November 2017, when then the services were inactive for an hour and a half.

The district court initially dismissed the lawsuit, forcing the investors to file an appeal. The Supreme Court issued the opposite verdict.

According to the resolution:

“The burden of technological failures should be borne by the service operator, and not by its users who pay a commission for the service.”

Louis Adams https://www.satoshihodler.com

I am an experienced crypto news writer. I have been in the industry for many years and believe this tech can bring financial freedom to everyone.