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Incredible Error By Block Fi!

An incredible error has been made by the US cryptocurrency lending application Block Fi. The company distributed the rewards in Bitcoin.

Incredible Error By Block Fi!
Yazar: Elif Dinçer

Yayınlanma: 20 Mayıs 2021 14:20

Güncellenme: 7 Kasım 2024 06:18

Incredible Error By Block Fi!

Block Fi, the American cryptocurrency lending application, accidentally distributed Bitcoin.

An incredible error has been made by the US cryptocurrency lending application Block Fi. The company distributed the rewards in Bitcoin, which it was supposed to send to some users in dollars. Block Fi, who handed out some promotional prizes today, made an incredible mistake. It is stated that the awards, which are stated to be related to the month of March, include customers who have traded on a certain volume. However, the rewards that had to be sent in US dollars due to a mind-boggling error during the transaction were distributed in BTC. According to social media posts, a 700 BTC reward was sent to an investor who should receive $ 700. [embed]https://twitter.com/PsychedelicBart/status/1394843814603415554?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1394843814603415554%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.bitcoinsistemi.com%2Fblock-fi-yanlislikla-bitcoin-btc-dagitti%2F[/embed] The present value of 700 BTC sent by the company by mistake is approximately $ 26.6 million. Although it was said that the error in question was noticed and corrected by Block Fi, it was noted that some investors acted very quickly and transferred the BTC to their wallets.

Speaking to The Block, Block Fi CEO Zac Prince said:

“Our risk is currently less than 200 BTC. The amount of withdrawals made after incorrect payments is not more than this. There are fewer than 100 customers and a few BTC. Already more than half of these customers have returned their unwillingly withdrawn funds.” It was observed that Block Fi CEO Prince avoided giving exact figures. It was stated that Block Fi can fight legally against customers who do not return the deposited funds by mistake.
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