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Dubai News Club > Tech > Crypto.com mistakenly sent a customer $7.2 million instead of a $68 refund
Tech

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

Press Room
Last updated: 2022/08/31
Press Room
Published: August 31, 2022
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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.

The initial transfer occurred…

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