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The Guardian - AU
The Guardian - AU
Technology
Josh Taylor

Cryptocurrency company accidentally transfers $10.5m to Australian woman and doesn’t notice for seven months

Crypto vamanogari Manivel Cryptocom Thilagavathy Gangadory Australia Melbourne AFL
The logo of crypto.com is displayed on a smartphone screen
Crypto.com accidentally transferred an Australian woman $10.5 million when processing a $100 refund. Photograph: Rafael Henrique/SOPA Images/REX/Shutterstock

Cryptocurrency trading platform Crypto.com accidentally transferred $10.5m to an Australian woman when processing a $100 refund, and failed to notice the error for seven months.

The company – which paid Hollywood star Matt Damon to feature in a Super Bowl commercial with the slogan “fortune favours the brave” – discovered it had accidentally transferred the fortune to Melbourne woman Thevamanogari Manivel in December 2021, seven months after the error was made.

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