Crypto firm accidentally gave $10.5M to sisters, now wants their $1.35M house
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After a Crypto.com employee entered the wrong account number and mistakenly sent AU$10.5 million to an Australian woman who had requested an AU$100 refund, a court document shows it took seven months for the cryptocurrency exchange platform to discover its error. By that point, the transfer error could not be reversed, and some of the money had allegedly already been spent.
The recipient, Thevamanogari Manivel, didn't notify Crypto.com, instead allegedly transferring funds to bank accounts held by her and her family. Crypto.com claims Manivel used the money to buy her sister a modern million-dollar house, complete with a home gym and theater.
Last Friday, Justice James Elliott, a judge for the Victorian Supreme Court in Australia, issued a default judgment in the case. This became necessary because, as Crypto.com alleged in the court document, Manivel and other named defendants, including her sister Thilagavathy Gangadory, failed to respond to a court summons.