An Aussie woman invested $100 in crypto platform, got $10.5 million. Don't try it though

Amrutha Pagad
Amrutha PagadSep 01, 2022 | 16:41

An Aussie woman invested $100 in crypto platform, got $10.5 million. Don't try it though

Crypto.com sends $10.5 million instead of $100 to Australia woman by mistake. Representative Photo: Getty Images

What if you became a millionaire overnight without actually having to work for it? In the world of crypto, it is possible. But it's not how you think. An Australian woman invested $ 100 (nearly Rs 7,900) in a crypto exchange platform and ended up with… hold your breath…   

$10,474,143 / Rs 83,22,44,504

Are you wondering how it is possible? For that, you have to be VERY, VERY LUCKY! Not in terms of your investments, no, but in terms of praying that the crypto exchange platform makes a big enough mistake.

Thevamanogari Manivel, a resident of Melbourne, Australia invested some $ in the cryptocurrency exchange platform, Crypto.com. Probably she was influenced by Matt Damon, who promoted the platform for a Super Bowl commercial. 

Then for whatever reasons, she asked for a refund of - $100 in May 2021.

But when she checked her account, it was BOOM - $10.5 MILLION.

Why? It was due to a mistake by Crypto.com. It ended up entering the wrong account number into the payment amount field, making Manivel a millionaire overnight. 

What more, the crypto exchange platform did not realise its multi-million dollar mistake for 7 MONTHS. It was only during the end-of-the-year audit that the mistake was discovered. The company moved a Victoria court to immediately freeze Manivel's account, but to their bad luck, most of the money was already moved out of the account. 

What did Manivel do with the money? Manivel split the $10.5 million (Rs 11,93,21,850) with 6 other people in her family including her sister and daughter. She bought-

A luxury mansion worth $10.5 million
Sent her daughter $430,000

The luxurious mansion was later transferred in the name of Manivel's sister, Thilagavathy Gangadory, who lives in Malaysia.  

Now, a Victoria court has asked the woman to sell the property and return the money along with an interest of $27,369 or Rs 21,77,146. But the woman has reportedly not responded to Crypto.com's solicitors. However, they did receive a reply on mail from Manivel's lawyer, which said, "Received, thank you."

Netizens reacting to the surreal story have been coming up with ideas on what Manivel could have done with the money.  

1. Invest in things that can be liquidated so she could have earned a million or two even on its sale.

Screenshot from Facebook.

2. Transfer to an overseas account and flee the country?

Screenshot from Facebook.

3. Disappear to Montenegro? 

Screenshot from Facebook.

We wonder what's happening to the chap who made the mistake. Also, the interest part seems a bit unfair given that it was the company's mistake. 

What do you think you would do if you were given Rs 83 crore by mistake? Would you spend it all? Invest it? Or return it?

Last updated: September 01, 2022 | 16:41
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