Published 2 years ago

How a $68 Crypto.com refund turned into $7.2 million

Summary by Ground News

Crypto.com mistakenly sent $7.2 million to an Australian woman instead of the $68 refund she was due. The woman, identified in the Aussie media as Thevamanogari Manivel, didn't report the massive overpayment. Instead, she reportedly moved the money into a different account and splurged more than $890,000 on a five-bedroom home for her sister.

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The Independent

Woman buys house after crypto firm accidentally sends her $10.5 million

Crypto.com is taking legal action in an attempt to recover the funds

2 years ago·London, United Kingdom

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USA Today

Crypto firm accidentally sent $10.5 million to Australian woman, took 7 months to realize

Cryptocurrency exchange Crypto.com has launched legal action to recover the millions lost.

2 years ago·United States

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The Star Kuala Lumpur

Crypto.com mistakenly transfers US$7mil to woman owed US$70 refund

Crypto.com, the digital currency app that was fronted by Matt Damon in a Super Bowl TV ad, is seeking the return of about A$10.5mil (US$7.2mil or RM32.05mil) it accidentally transferred to a woman in Melbourne.

2 years ago·Malaysia

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The Epoch Times

Crypto.com Mistakenly Transfers $7 Million to Australian Woman in Refund Blunder

A Melbourne woman received quite the surprise when she discovered that nearly AU$10.5 million ($7.2 million) was accidentally deposited into her bank account by the digital currency app Crypto.com. The Singapore-based company discovered during a December audit that it had mistakenly refunded AU$10.47 million to Thevamanogari Manivel in May 2021, when it was attempting to issue a refund of just AU$100 ($70). According to court documents (pdf), th…

2 years ago·New York, United States

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Bloomberg

Crypto.com Mistakenly Transfers $7 Million to Woman Owed $70 Refund

Crypto.com, the digital currency app that was fronted by Matt Damon in a Super Bowl TV ad, is seeking the return of about A$10.5 million ($7.2 million) it accidentally transferred to a woman in Melbourne.

2 years ago·United States

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Arab News

Matt Damon-endorsed crypto firm accidentally sends woman $10m instead of $100

Sep. 1—DUBAI — Amid all the crypto craze and crash, one company might end up paying a heavy price for an error it made last year. Crypto.com, the firm that hired Matt Damon for its 2021 Super Bowl ad, intended…

2 years ago·Riyadh, Saudi Arabia

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