Error at work

in hive-159906 •  2 years ago 

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Market Crypto.com is a cryptocurrency trading platform based and established in Singapore and in recent days has encountered a very crucial problem in terms of trading. Why not! As for what is happening is a negligence in transferring $ 10.5 million to a woman who comes from the territory of Australia. Based on a report from local news media 7News, it is known that the two Melbourne women are named Manivel Thevamanogari and his sister Gangodory Thevamanogari.

One of the employees in charge of payments accidentally entered the account number in the payments section and transferred a large amount. Instead of a $100 refund, the platform actually transferred more than IDR 100 billion. Court documents reveal that the fault was discovered during an audit in December 2021. Crypto.com Takes To Court and It Is Known That The Manivel had spent $1.35 million to buy a five-bedroom house in Craigieburn north of Melbourne as a gift to his sister.

In addition, the view of Justin Lawrence of Henderson and Ball Lawyers, that the homeowner deliberately did not sell his property, and the shock of money that came in suddenly large but they did not report it. There was no doubt for him as the money suddenly entered his account. That they know it shouldn't be in their account and that they can actually file a complaint and be held accountable for the money that comes in," Lawrence said. Eventually, the company took the woman to court for reimbursement.

Therefore, the court asked him to sell the property and the proceeds from the sale would be returned to the company. Manivel's attorney told Crypto.com that Gangadory is seeking legal counsel to help with this matter. As a result, a default judgment was given to Crypto.com to force Gangadory to sell the property as soon as possible, in exchange for the lost funds along with interest of $27,369.64. Unlike crypto transactions which are final and irreversible, centralized financial institutions can reverse erroneous transactions. However, considering that it took quite a long time for the refund to be returned from the fault of the Crypto.com market

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