{"id":164406,"date":"2022-09-27T17:39:32","date_gmt":"2022-09-27T17:39:32","guid":{"rendered":"https:\/\/precoinnews.com\/?p=164406"},"modified":"2022-09-27T17:39:32","modified_gmt":"2022-09-27T17:39:32","slug":"crypto-com-has-made-a-10-million-mistake","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/crypto-com-has-made-a-10-million-mistake\/","title":{"rendered":"Crypto.com Has Made a $10 Million Mistake"},"content":{"rendered":"

So much for fortune favoring the brave. Crypto.com \u2013 one of the largest and most well-known digital currency trading platforms in the world \u2013 has made a multi-million-dollar mistake by sending piles of money to a lone recipient\u2026 And then not noticing for several months.<\/p>\n

Crypto.com Has Sent a Lot of Money Out By Mistake<\/h2>\n

More than $10 million in digital currency funds were sent by Crypto.com to Melbourne native Thevamanogari Manivel. The clincher is that the company only meant to process a $100 refund. However, the Australian resident wound up earning a fortune thanks to the company\u2019s big error.<\/p>\n

Even worse is that Crypto.com did not realize what had happened for at least seven months, and by then, Manivel had sent all the money to varying accounts, meaning the money was technically classified as \u201cspent\u201d and Crypto.com was likely going to experience a hard time getting it back.<\/p>\n

Crypto.com came under scrutiny several months back when it began featuring commercials on television that starred Oscar-winning writer and actor Matt Damon of \u201cThe Talented Mr. Ripley\u201d and \u201cGood Will Hunting\u201d fame. The commercials were all about getting into crypto and taking risks. Damon walked through a series of historical events that showed people acting in a brave manner, the moon landing being a big example.<\/p>\n

The commercials then often ended with Damon claiming that fortune favored \u201cthe brave,\u201d and the Crypto.com logo was then featured prominently on the screen for all viewers to see. This rubbed much of the public the wrong way, who took this as a message that by not choosing to invest in crypto, they somehow weren\u2019t brave people. This was a blow to egos across America, and many took to social media to express their disappointment and dissatisfaction.<\/p>\n

Crypto.com was even the subject of a satirical episode of the popular cartoon series \u201cSouth Park.\u201d Trying to get all his classmates to rile up against the school principal, red sweater-wearing Eric Cartman brought up the Matt Damon commercials as a means of stirring everyone\u2019s feelings of bravery. One student says his father listened to the commercial, invested in crypto, and ultimately lost everything.<\/p>\n

Trying to Get the Court to Move Forward<\/h2>\n

Crypto.com attempted to bring legal action against Manivel for her refusal to return the funds. They even managed to place a freeze on many of her financial accounts, though by that time, much of the money had been moved around, meaning the funds were not in plain sight. Prior to Crypto.com noticing what had happened, Manivel purchased a Melbourne-based home worth approximately $1.35 million with the money. She also sent quite a bit to her sister, who presently lives in Malaysia.<\/p>\n

Additional court proceedings ruled in favor of Crypto.com. The house must now be sold, and the rewards \u2013 along with quite a bit of interest \u2013 must be remitted to the crypto trading platform.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

So much for fortune favoring the brave.<\/p>\n","protected":false},"author":3,"featured_media":164405,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nCrypto.com Has Made a $10 Million Mistake - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/crypto\/crypto-com-has-made-a-10-million-mistake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto.com Has Made a $10 Million Mistake - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"So much for fortune favoring the brave.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/crypto-com-has-made-a-10-million-mistake\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-27T17:39:32+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/09\/Crypto.com-Has-Made-a-10-Million-Mistake-.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/crypto\/crypto-com-has-made-a-10-million-mistake\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/crypto-com-has-made-a-10-million-mistake\/\",\"name\":\"Crypto.com Has Made a $10 Million Mistake - 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