Crypto exchange Coinberry hit by glitch, users lose $3M in bitcoin
– Coinberry, a Toronto-based cryptocurrency exchange, says a software glitch temporarily allowed over 500 users to take 120 bitcoin, worth $3 million.
– In a lawsuit filed in June, the company says it still hasnt recovered two-thirds of the stolen bitcoin.
– A software upgrade in 2020 accidentally let users purchase bitcoin in Canadian dollars that didnt exist in their accounts.
– The issue was fixed, but not before over 500 of its customers had caught on and cashed in.
– After making contact with customers, it recovered about 37 bitcoin from 270 users.
– However, the lawsuit only names 50 users who stole 63 bitcoin, leaving 20 BTC and over 200 users out of the filing.
