Painful mistakes 💸
Crypto.com paid actor Matt Damon millions of dollars to feature in its adverts. Maybe they should have asked him to help track down their missing coins instead? Photo: Yara Nardi/Reuters
The court in the Australian province of Victoria heard that $1.35m of the $10.5m that was mistakenly sent was used to buy a four-bedroom home in Melbourne, which was later transferred into the name of Manivel's sister, who lives in Malaysia. The exact number of misplaced bitcoin is not known. But Zac Prince, BlockFi's CEO, tweeted that it was"a couple of hundred."To put this in perspective, if BlockFi sent 300 Bitcoin that would be $11.4m at the current price.
In September 2021, Compound, a popular cryptocurrency lending platform, accidentally sent approximately $89m worth of crypto tokens to some users. Doxxing is when someone publicly reveals information that is considered private, such as a person's name and address. This is seen as extremely problematic for crypto users who often want to remain anonymous.4. Copytrack sends approximately $380,000 in ethereum in payment blunderTech start-up Copytrack conducted an initial coin offering in the middle of the crypto-boom in 2018.
Copytrack sought court action to retrieve the funds, and a judge determined that the company was entitled to “trace and recover" the 530 ether received by the defendant.
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