A woman received $10.5 million in an accidental transaction from popular cryptocurrency platform Crypto.com—and then allegedly spent it on a luxury home, according to reports.
Two sisters in Melbourne, Australia, are now being chased by the courts after going on a spending spree with the cash, 7NEWS reported Tuesday.
A Crypto.com representative confirmed to Decrypt that the matter is currently “before the courts” but would not comment further.
Crypto.com, which is a Singapore-based exchange but also offers a Visa debit card, mistakenly sent the huge sum when Thevamanogari Manivel asked for a $100 refund back in May 2021, 7NEWS reported, citing court documents.
But instead of notifying Crypto.com of the mistake, Manivel and her sister Thilagavathy Gangadory allegedly went shopping—with Manivel buying a $1.35 million five-bedroom home as a gift.
Manivel also allegedly transferred $10.1 million into a joint account following the error, the broadcaster said.
7NEWS added that Crypto.com noticed the mistake during an audit in December 2021. A Crypto.com employee had mistakenly entered an account number in the payment section and sent the money.
The company has since taken legal action and Victoria’s Supreme Court has ordered the home to be sold and the money returned, according to the report.
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Source: https://decrypt.co/108586/crypto-com-sues-woman-10-million-mistake