In fact, 320,000 ETH should have ended up in an offline crypto exchange wallet. In fact, Crypto.com transferred about $416 million worth of cryptocurrencies to a corporate account at Gate.io in October.
Get instructions on how to withdraw funds
The error was managed and corrected, but there is a nuance
The entire amount is now back in the possession of Crypto.com, as stated by the head of the company, Chris Marszalek.
The error was noticed not by the crypto exchange itself, but by the user. Conor Grogan wondered why Crypto.com transferred over 80% of its Ethereum holdings to another crypto exchange.
At least Crypto.com got the money back. This has not yet happened with another erroneous transfer from a crypto exchange. In May, Crypto.com accidentally transferred over $7M to a user who was only supposed to receive $70. The woman who received such an unexpected gift reacted quickly and, among other things, bought a house with this money and handed over several hundred thousand euros to her daughter.
Crypto.com only noticed the error after 7 months. However, the client does not want to hear anything about the refund. Now the case is in court.
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