The time CryptoCom mistakenly sent $10.5 million to a woman instead of $100

Getting rich is everyone’s dream, but getting rich by accident is not destiny for anyone. However, this is not a lottery story that sounds crazier than an inventor who made a fortune from fiction or accidental inventions. This is the story of how a woman in Melbourne, Australia, was seeking a refund of her $100, when CryptoCom mistakenly sent her $10.5 million.

However, it was during a company audit just before Christmas 2021 that CryptoCom noticed the error. But it was too late.

CryptoCom Million Dollar Bangle

This amount was transferred to a Thevamanogari Manivel in May 2021, when a prominent cryptocurrency exchange was trying to process a refund of just $100. However, someone accidentally entered the account number in the payment section. According to court documents, a large amount of money was mistakenly transferred in May 2021 and discovered seven months later.

But part of the money was already gone. Manivel transferred her $10.1 million to a joint account. This February, her funds were drawn from her two accounts and she purchased her gorgeous five-bedroom home for $1.35 million in Craigieburn as a gift to her sister. .

A legal battle erupted in CryptoCom’s favor after a Victorian Supreme Court judge ordered the luxury home to be sold and the rest of the money returned to the company. If the homeowner fails to put the property on the market, the judge will appoint a trustee to arrange the sale. You can also be charged with contempt of court if you ignore an order. The lawsuit is due for him to return to court in October.

Justin Lawrence of Henderson and Ball Lawyers quoted say it,

“If you see it on your account, you definitely know it shouldn’t be there. It’s actually your responsibility to actually call the sender and tell them they shouldn’t have gotten into my account.” there is.”

BlockFi’s expensive gaffe

CryptoCom wasn’t the only crypto company to mistakenly transfer millions of dollars’ worth of funds to its users. BlockFi found itself in a similar situation after several users accidentally deposited millions of dollars worth of bitcoin into his accounts.

It all started when CeFi’s crypto lender ran a deal promotion last March. Eligible users could receive bonuses for cryptocurrencies traded during the same period. The terms also stated that the user would receive her bonus by the end of May, but due to a payment error, a few users her account pocketed a much larger bonus than expected. .

Reports emerged soon after that BlockFi was threatening these clients with legal action.