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Market News

Crypto.com Accidentally Transfers $10.5M to a Melbourne Woman

Written By Rupal Sharma Rupal Sharma
Published August 30, 2022 4:40 PM·Updated 10 months ago
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The leading crypto trading platform Crypto.com accidentally transferred $10.5 million to a woman named Ms. Manivel in Melbourne Australia. The error occurred when the company was attempting to refund $100 in May 2021 as requested by the women but mistakenly entered a much higher amount.

The error was discovered in a company audit seven months later just before last Christmas. Ms. Manivel has already spent $1.35 million on a luxury five-bedroom house and moved the remaining amount into different accounts. 

The company has launched legal action against Thevamanogari Manivel and her sister Thilagavathy Gangadory to get back the money. The court ordered Manivel to sell the house and pay $1.35 million back to Crypto.com

Also Read: A $300K Bored Ape Yacht Club NFT Sold for $3K by Mistake

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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