Friday, 2 September 2022

Crypto.com mistakenly sent a customer $7.2 million instead of a $68 refund

Crypto.com mistakenly sent a customer $7.2 million instead of a $68 refund

The Los Angeles Lakers arena sponsoring and Matt Damon-endorsed cryptocurrency exchange Crypto.com accidentally transferred $10.5 million AUD (~$7.2 million USD) to an Australian customer instead of issuing a standard $100 AUD (~$68 USD) due to a pretty unfortunate typo. According to Australian news outlet 7News (via CoinTelegraph), the exchange didn’t even notice the error until seven months later, and by that time, a portion of the money was already gone.
Read more: https://www.theverge.com/2022/8/31/23330458/crypto-dot-com-typo-mistake-refund-audit?source=Snapzu

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