According to reports, a woman received $10.5 million in an unintentional transaction from popular cryptocurrency platform Crypto.com and allegedly spent it on a luxury home.
Crypto.com is suing the woman who received the funds after 7 months.
Two sisters in Melbourne, Australia, are being pursued by the courts after going on a spending spree with the money, according to 7NEWS on Tuesday. A representative for Crypto.com confirmed that the matter is currently “before the courts” but declined to comment further.
When Thevamanogari Manivel requested a $100 refund in May 2021, Crypto.com, a Singapore-based exchange offering a Visa debit card, sent the massive sum by mistake. Manivel and her sister Thilagavathy Gangadory allegedly went shopping instead of notifying Crypto.com of the error, with Manivel purchasing a $1.35 million five-bedroom home as a gift.
Following the error, Manivel allegedly transferred $10.1 million into a joint account, according to the broadcaster. 7NEWS also reported that Crypto.com discovered the error during an audit in December 2021.
A Crypto.com employee had entered an account number incorrectly in the payment section and sent the money.According to the report, the company has since taken legal action, and Victoria’s Supreme Court has ordered that the home be sold, and the money is returned.