Crypto company accidentally pays $10.5 million to a woman instead of $100 refund

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When you hit the jackpot- or don't.

Imagine receiving $10.5 million while expecting a $100 refund to be transferred to your bank account and no one, except you, recognizes it until seven months have passed.

That's recently what happened in Melbourne, Australia when a cryptocurrency company bestowed a fortune to a woman, . Back in May 2021, Crypto.com, one of the world’s largest cryptocurrency trading platforms, transferred the amount to Thevamanogari Manivel. Upon receiving the money, Manivel and her sister Thilagavathy Gangadory started spending it like greased lightning.In 2021, the mistake had been unrevealed during an audit; the company launched legal action in early 2022, and the Victoria Supreme Court suspended Manivel's bank account in February,It was then revealed that Manivel transferred $10.

“There’s no doubt that if you saw that in your account you would know it shouldn’t be there, and the onus is actually on you to actually call the sender and to say look that shouldn’t have come into my account,” Justin Lawrence from Henderson and Ball Lawyers“If you’re withholding property of someone else you’re effectively holding property by deception, you’re not entitled to it, you need to give it back.

 

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