As Matt said, fortune favors the brave

[Pekelo]

So what would you do if your bank (or crypto.com) sends you 10 MM instead of a 100 bucks refund? Well, thanks for asking, of course you would buy a mansion, wouldn't you?

https://tickernews.co/crypto-com-accidentally-transfers-10-5m-to-woman-instead-of-100/

"It’s now been revealed the company accidentally transferred $10.5 million to a woman in Melbourne Australia, when she was seeking a $100 refund.
It then took crypto.com more than seven months to realise the error.
The crypto trading platform launched legal action in the Supreme Court against two sisters to get the money back.

The court heard the company accidentally entered an account number in the payment field instead of the $100 refund.
It happened in May last year, but the mistake was only discovered in a company audit just before Christmas.

When crypto.com tried to recover the money, the cash had already been moved and used to buy a multi-million dollar mansion.

But now a judge has ordered the property be sold, and with orders made for the remaining money to be returned."

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The lesson to be learnt here is that what kind of bank/brokerage needs 7 months to discover such a mistake???

 

[hilmy83]

Just curious what people here would do with that 10.5 mil. Personally I would try to think to withdraw 50-100k at a time and stash it somewhere. How else can you remove traceability.

But a mansion?? What a damn waste

 

[DaveV]

The law is quite clear. If a financial institution, ATM, or whatever accidentally gives you too much money, it is not yours to keep. Usually they just kindly request that you return the money. If not it is considered theft.

 

[FreeGoldRush]

Matt?? In that movie? He was simply quoting Virgil.

 

[Pekelo]

or whatever accidentally gives you too much money, it is not yours to keep.

Yes, but are you allowed to gamble with it like a truly brave person? You throw a few mill on black or on an option and if you get lucky you give back the accidental seed money. Now you have a nice legal starting money for business or pleasure.

 

[Pekelo]

Just curious what people here would do with that 10.5 mil.

Would have been funny if this is a bank and they deposit the money in the same bank for a 2% annual return. Then it is a 200K legally OK interest.

 

[Baron]

What boggles my mind is that the woman who received the extra $10,499,900 thought that money was hers and she could just take it and blow it on whatever.

 

[deaddog]

What boggles my mind is that the woman who received the extra $10,499,900 thought that money was hers and she could just take it and blow it on whatever.

Isn't that what's going to happen if you make a mistake transferring BTC?

 

[zdreg]

What boggles my mind is that the woman who received the extra $10,499,900 thought that money was hers and she could just take it and blow it on whatever.

She thought that buying a mansion was a good long term investment. Unfortunately she bought it wish short term funds. Obviously it isnot a good strategy.

 

[DaveV]

For a few thousand dollars, most people would just give it back. But for $10+ million, a lot of people would think of changing their name and disappearing with the money.