Financial Supervisory Service conducts field inspection of Toss Bank for 'yen half-price error'... estimated loss of over 10 billion won
The Financial Supervisory Service has begun a field inspection of Toss Bank following a significant error in yen exchange rate application, potentially leading to losses of around 10 billion won.
Yen traded at 'half price' on Toss Bank app... Error occurred for 7 minutes
A significant error on the Toss Bank app allowed users to buy Japanese yen at half the normal exchange rate for seven minutes, causing payment delays for cardholders.