NL TALK!! A Crypto Exchange Mistakenly Sent $10.5M To You Instead Of $100, Now Demanding For Refund – Would You Refund?

CryptoCom made a big blunder by transferring million into a customer account, and an even bigger mistake by not knowing what they had done for seven months.

Crypto.com, a prominent Singapore-based cryptocurrency exchange, is looking to recover excess payout to the tune of millions which the firm inadvertently sent to a customer.

Recent reports suggest that the digital asset exchange accidentally transferred $10.5M to a woman instead of a planned settlement of $100.

Crypto.com discovered the mistake seven months later. Australian news media outlet Ticker News uncovered the story on Tuesday.

According to the report, in May of 2021, a Melbourne-based Crypto_com customer requested a refund of $100 from the exchange. Nonetheless, instead of refunding $100, the exchange transferred $10.5M to the woman.

Apparently, the team in charge of the payout accidentally entered an account number in the space provided for the amount. The firm’s auditing team did not discover the mistake until December of 2021. This gave the woman seven months to cash out the erroneous transfer and spend it on a mansion in Craigieburn—a suburb in Melbourne.

After discovering the error in an audit exercise in December of last year, Crypto.com requested a refund. The firm charged the woman to court to demand the reimbursement of the funds. Discovering that the woman had spent the cash on a mansion, the court asked her to sell off the property. The proceedings from the sale would go into repaying the money.

What would you do if you find yourself in this situation?

A Crypto Exchange Mistakenly Sent $10.5M To You Instead Of $100, Now Demanding For Refund – Would You Refund?

Drop your comment below

The post NL TALK!! A Crypto Exchange Mistakenly Sent $10.5M To You Instead Of $100, Now Demanding For Refund – Would You Refund? appeared first on Naijaloaded | Nigeria's Most Visited Music & Entertainment Website.



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