An apparent error on the side of major crypto platform Crypto.com has turned an attempt to process a USD 100 refund into a hefty USD 10.5m wire transfer into a bank account owned by a resident of Melbourne, Australia.

Thevamanogari Manivel, to whom the bank account belongs, and her sister Thilagavathy Gangadory have gone on a massive spending spree after the former received the undue funds in May 2021, as reported by local broadcaster 7News. Before the company discovered its mistake during an audit held in December that year, a large portion of the funds was already gone.Per the report, seeking to retrieve the funds, Crypto.com has launched legal action against the women. An Australian court has since established that, following the erroneous transfer from May 2021, Manivel wired some USD 10.1m and USD 400,000 into two different accounts. In February 2022, funds were taken from the two accounts to purchase a property worth some USD 1.35m in Craigieburn, a Melbourne suburb. It is believed the five-bedroom house was intended for Gangadory.

Crypto.com has so far reportedly succeeded in its legal battle against the two sisters, securing an order from Victoria’s Supreme Court under which the home is to be sold, and the money returned to the crypto exchange. The case is scheduled to return to court this October.

Cryptonews.com has contacted Crypto.com for comment.____Learn more: - DeversiFi Explains What Caused the USD 23M Transaction Fee on Ethereum- Apparent BlockFi Fat Finger Gaffe Sees Users ‘Credited BTC 701’- Friday 13 Strikes: Crypto Exchange Employee Makes USD 82,000 Fee Gaffe