$10.5M was accidentally deposited into her account – They found out 7 months later while she had bought a mansion

$10.5M was accidentally deposited into her account – They found out 7 months later while she had bought a mansion
$10.5M was accidentally deposited into her account – They found out 7 months later while she had bought a mansion

He was supposed to get $100 in refunds and ended up getting millions

Cryptocurrency trading platform, crypto.com accidentally transferred $10.5 million to an Australian woman during the $100 refund process. The company didn’t notice the bug for seven whole months.

The erroneous transfer of this huge amount was made to Thevamanogari Manivel, a resident of Melbourne, with the company aware of it seven months laterin December 2021.

crypto.com resorted to the Supreme Court of Victoria and finally in February the account to which the transfer of millions of dollars was made was frozen. Most of the money had been transferred to other accounts, which were later in turn also frozen.

However, $1.35 million had been used to buy a four-bedroom house in Melbourne’s north and ownership of the property was subsequently transferred to the name of Manivel’s sister, Thilagavathy Gangadory who lives in Malaysia.

Attempts to freeze the sister’s accounts were also unsuccessful, as she never responded to emails from crypto.com’s lawyers. The only communication provided to the court was an email reply to Manivel’s lawyers saying “received, thank you”.

The court issued a default judgment that Gangadory must sell the property as soon as possible, and that the money be transferred to crypto.com along with $27,369 in interest.

With information from the Guardian

The article is in Greek

Tags: #10.5M accidentally deposited account months bought mansion

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