Cryptocurrency firm took seven months to spot accidental £6m refund

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A cryptocurrency company accidentally sent A$10.5 million (£6.2 million) to an Australian woman when it processed a $100 refund — and did not spot the mistake for seven months.

The blunder was made by the Singaporean cryptocurrency trading platform Crypto.com, which uses the actor Matt Damon to advertise its products. Instead of entering A$100 into the payment field for Thevamanogari Manivel, from Melbourne, it entered her bank account number.

In his adverts for the company, which operates as Foris GFS in Australia, Damon tells potential crypto investors: “Four simple words that have been whispered by the intrepid since the time of the Romans — fortune favours the brave.”

A judge expressed astonishment that it took the company until last December to realise the mistake it