Legal Battle: Crypto.com Fights to Recover $76,391 in Erroneous Transaction Case

2023-07-09 14:01:04

Recently, on July 7th, Crypto.com filed the papers with which it is trying to recover the 50,000 dollars that went to a user as a result of an erroneous transaction. Furthermore, the platform is also trying to recover the additional capital of 26,000 dollars generated due to the legal process. Although the Crypto.com user became rich in an instant, he will close the case with a loss. The case began on June 24, when an American Crypto.com user, a certain James Deutero McJunkins Jr., received a false payment of $50,000 to his account. McJunkins even transferred this money to a bank account on the day of the deposit. The company repeatedly called on the user to return the money, but since this did not happen, it went to court. The company filed suit, alleging breach of contract, theft and unjust enrichment, among others. As a result of the lawsuit, the court ordered McJunkins to pay $76,391 to Crypto.com within 30 days of the judgment. However, this did not happen, so the company continued its legal process. According to the law, such a payment order could only be ignored due to fraud, partiality or even a calculation error. Since there is no such thing, the platform asked the court for help in executing the payment order. The $76,391 payment order consists of the original $50,000, $1,786 in interest, $21,205 in attorney fees and $3,400 in legal fees. This case is eerily similar to the one in late 2022 when the company mistakenly transferred $10 million to some users instead of $100 in refunds. The company also sued those users and finally recovered a significant part of the money. By the way, the situation is similar in Hungary, if our bank suddenly transferred HUF 100 million to us by mistake, it would not be our money.
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