RATE Group | Brazilian Crypto Exchange Mistakenly Sends User $35 Million on $127 Withdrawal
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Brazilian Crypto Exchange Mistakenly Sends User $35 Million on $127 Withdrawal

Brazilian Crypto Exchange Mistakenly Sends User $35 Million on $127 Withdrawal

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brazil bitcoin cryptocurrency

Brazilian crypto exchange Bitcambio has reportedly sent one of its users a whopping RS $137 million – equivalent to about $35 million – after the user attempted to withdraw 500 reals, worth roughly $127.

According to local news outlet Portal do Bitcoin, the cryptocurrency exchange started calling the user, Kaique Nunes, about the withdrawal shortly after. Speaking to the news outlet Nunes stated:

“Early last month, I issued some normal withdrawal orders. After a while, Bitcambio called to let me know that they issued all this value and that they needed me to recognize a document in a notary’s office. I thought it was a coup.”

Per the report Nunes initially believed a hacker managed to get a hold of his personal information and was now trying to get his signature, or that he was facing a rogue employee trying to scam users.

Believing it was a scam, Nunes initially ignored the crypto exchange, but the exchange insisted the transaction had been canceled, but that…

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