Two women in Melbourne went on a shopping binge when one of their bank accounts received an accidental deposit of $10.5 million. The money had been transferred into one of their accounts by mistake.
In May 2021, the company was attempting to complete a refund of only $100 when one of the largest cryptocurrency trading platforms in the world, Crypto.com, sent the money to Thevamanogari Manivel by accident.
Someone accidentally transmitted the large amount rather than the refund since they targeted the wrong portion of the website (perhaps the payment section).
The company took legal action against Manivel and her sister Thilagavathy Gangadory after it realised it had made a mistake and after it had already begun litigation.
Documents filed with the court indicate that the error was discovered in December of 2021 while being audited.
The only problem was that Manivel and Gangadory had already used some of the money, which was why this was an issue.
According to the court’s findings, Manivel corrected his error from the previous year by depositing the $10.1 million into a joint account.
After that, in February, the funds were transferred out of two bank accounts and used to purchase a mansion in Craigieburn with a price tag of $1.35 million.
It is reported that Manivel bought the house with five bedrooms for her sister as a present when she bought it.
Now, following a victory in a portion of its legal battle, a judge in Victoria’s Supreme Court has issued an order mandating that the mansion be sold and the proceeds given back to the cryptocurrency company.
In the event that the homeowner does not place their property on the market, the court may appoint a receiver to organise the sale, or the homeowner may be held in contempt of court if they continue to disobey the orders.