Crypto.com petitions US court docket to uphold arbitration determination for mistakenly despatched $50K

Cryptocurrency alternate Crypto.com has petitioned a Florida court docket to substantiate a judgment in its favor by way of arbitration after the platform mistakenly deposited $50,000 right into a person’s account.

In accordance to the July 6 court docket submitting, Crypto.com “erroneously deposited” $50,000 into James Deutero McJunkins’ account in June 2022, regardless of the person seemingly not incomes the funds by way of trades or different exercise. He instantly transferred the funds into an exterior checking account out of attain of Crypto.com’s authority and ignored repeated requests to return the cash.

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