Crypto.com Mistakenly Transfers $7 Million to Australian Woman in Refund Blunder

Representations of virtual cryptocurrencies are placed on U.S. Dollar banknotes in this illustration taken on Nov. 28, 2021. Dado Ruvic/Reuters

A Melbourne woman received quite the surprise when she discovered that nearly AU$10.5 million ($7.2 million) was accidentally deposited into her bank account by the digital currency app Crypto.com.

The Singapore-based company discovered during a December audit that it had mistakenly refunded AU$10.47 million to Thevamanogari Manivel in May 2021, when it was attempting to issue a refund of just AU$100 ($70).