Article 63385 Cryptocurrency company accidentally transfers $10.5m to Australian woman and doesn’t notice for seven months

Cryptocurrency company accidentally transfers $10.5m to Australian woman and doesn’t notice for seven months

by
Josh Taylor
from Technology | The Guardian on (#63385)

Thevamanogari Manivel used money to buy Melbourne property before supreme court granted Crypto.com freeze on her bank account

Cryptocurrency trading platform Crypto.com accidentally transferred $10.5m to an Australian woman when processing a $100 refund, and failed to notice the error for seven months.

The company - which paid Hollywood star Matt Damon to feature in a Super Bowl commercial with the slogan fortune favours the brave" - discovered it had accidentally transferred the fortune to Melbourne woman Thevamanogari Manivel in December 2021, seven months after the error was made.

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