Coinnest Loses $5 Million in Accidental Bitcoin Airdrop6

According to a report made by CoinDesk Korea, an internal server error that occurred on January 18 caused Coinnest, a crypto exchange platform based in South Korea, to lose millions of dollars in cryptocurrencies. Coinnest said it accidentally sent 6 billion (about $5.3 million) worth of Bitcoin (BTC) to the account of some of its traders.

As it turns out, the exchange was looking to airdrop We Game Tokens (WGT), but a mix-up occurred on their servers and wiring, and in a catastrophic blunder, the company ended up airdropping Bitcoin instead.

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