
Crypto.com pays customer $7.5M after refund request for $68
-Crypto.com sent an Australian woman $7.2 million USD by mistake
-The woman originally requested $68 USD
-It took 7 months for Crypto.com to notice the mistake
-The recipient of the large transaction didnt notify Crypto.com
-Crypto.com has stated that they want the recipient to give up the money
-Justice James Elliot issued a default judgment in the case
-Crypto.com’s legal team struggled to serve court documents to the sisters
-Judge James Elliot decided to send an email with a link to court documents to suffice
-Elliot wrote that in the future, courts should evaluate case-by-case when its appropriate to serve court documents via email links

Share this:
Related
More Stories
Huge Trouble’ Looming for Bitcoin and Ethereum as $10 Billion Earthquake Could Cause Price Chaos
-Bitcoin and cryptocurrencies have been left reeling by the sudden collapse of major crypto exchange FTX this month (though Elon...
Crypto needs regulation to avoid washouts like FTX, says Coinbase CEO Brian Armstrong
FTX declared bankruptcy after revelations about its business practices led to a surge of customer withdrawals, without sufficient funds to...
Slight Bitcoin Bullishness Continues Despite Market Cap Drop
The total cryptocurrency market capitalization dropped by 5% between Nov. 14 and Nov. 21, reaching a notable $795 billion. -However,...
Ethereum to fuel bullrun to $2,000 in coming weeks
- Ethereum's performance last week outperformed Bitcoin's by three times on the weekly chart. - Experts believe that Ethereum's burning...
JPMorgan’s Recent Experiment Proves Crypto is Here to Stay!
Ethereum was created in 2013, laying the foundation for cryptocurrency to take the largest step in its evolution since the...
tWhy Bitcoin and Ethereum Investors Are Losing Money
- Investors in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies are losing money at a historic pace - The news...