A woman received $10.5 million in an accidental transaction from popular cryptocurrency platform Crypto.com and then allegedly spent it on a luxury home.
Two sisters in Melbourne, Australia, are now being chased by the courts after going on a spending spree with the cash. A Crypto.com representative confirmed to Decrypt that the matter is currently “before the courts” but would not comment further.
Crypto.com, a Singapore-based exchange that also offers a Visa debit card, mistakenly sent the huge sum when Thevamanogari Manivel, the woman who received the money, asked for a $100 refund in May 2021.
Read More: BYD Beats Tesla To Become The Top EV Brand In The World
But instead of notifying Crypto.com of the mistake, Manivel and her sister Thilagavathy Gangadory allegedly went shopping with Manivel buying a $1.35 million five-bedroom home as a gift. Manivel also allegedly transferred $10.1 million into a joint account following the error.
Crypto.com noticed the mistake during an audit in December 2021. A Crypto.com employee had mistakenly entered an account number in the payment section and sent the money. The company has since taken legal action, and Victoria’s Supreme Court has ordered the home to be sold, and the money returned.