We’ve all been there. Sometimes we just want a refund, but in this case crypto.com made one heck of a mistake. Instead of sending a Melbourne woman a $100 refund, they sent her $10 million. This happened back in May of 2021 and it wasn’t until several months later that the website discovered its error.
“Extraordinarily, the Plaintiffs allegedly did not realize this significant error until some seven months later, in late December 2021,” the Victorian Supreme Court Judge James Elliott wrote in a court ruling.
To celebrate getting such a large sum of money, she did what many people would do if given the chance. She bought her sister a home. An extravagant five bedroom home in Australia totaling around $1.35 million dollars.
Unfortunately for the woman, Thevamanogari Manivel the case is being pursued. Her and her sister Thilagavathy Gangadory are being sued. Crypto.com wants them to sell the house to get the money back so that they can repay them the full amount. But that will be something that the judge orders and not them. Since the oversight took months to figure out many of their investors are rightly upset. I certainly would be questioning the practices of the company after that.
Not only are investors upset about that, but also that the price of bitcoin is down by 70% from their initial investment. Etherium prices are cut in half. Many people bought into it after crypto.com’s commercial with Matt Damon titled ”Fortune Favors the Brave.” It’s starting to feel more like misfortune favors those who don’t do their homework.
