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COINTURK NEWS > NFT News > Bitcoin Ordinals Investor Recovers Funds After Costly Mistake
NFT News

Bitcoin Ordinals Investor Recovers Funds After Costly Mistake

In Brief

  • Bitcoin Ordinals investor mistakenly buys an NFT for $13,000.

  • Realizes the error, shares the story to encourage double-checking transactions.

  • Seller Dan Anderson sees the post, promises to refund the money.

COINTURK NEWS
COINTURK NEWS 1 year ago
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A Bitcoin Ordinals investor managed to recover their money after making a $13,000 mistake purchasing an NFT on the Bitcoin network. On March 1st, a Bitcoin Ordinals investor shared a post on platform X about their biggest mistake since starting Bitcoin-based NFT trading. The investor thought they had purchased an NFT for about $1,287, equivalent to 0.021 Bitcoin.

Contents
Big Mistake by Ordinals InvestorUnfortunate Incidents in the Crypto Market

Big Mistake by Ordinals Investor

However, the investor was surprised to find out after the transaction that the NFT was actually listed for approximately $12,877, worth 0.21 BTC. The investor expressed embarrassment and mentioned that a lucky person received a lot of money. The NFT investor shared the incident to encourage others to double-check before executing crypto asset transactions.

While the investor accepted the loss, NFT seller Dan Anderson saw the post on platform X and promised to refund the funds. Anderson emphasized that it was his listing and that he had already made an offer to buy back the NFT for 0.21 Bitcoin on the market. Anderson told the investor to accept the offer and be well again, adding the following statement:

“I listed it for 0.21 Bitcoin because it was a fat finger mistake. I was saying hooray until I saw your post.”

Unfortunate Incidents in the Crypto Market

The offer to buy back the NFT was accepted and the funds were returned to the investor. At the time of writing this article, the NFT was re-listed on the market for 0.21 Bitcoin. Although the Bitcoin Ordinals investor got their funds back, not everyone who accidentally receives crypto is willing to return it. On February 26th, court documents revealed that Australian crypto exchange OTCPro accidentally deposited $653,000 to a user instead of $65,300 due to an error. Since the mistake came to light, the exchange claimed that the user has not responded to emails, calls, or court hearings.

In 2022, a couple who accidentally received $10.5 million from Crypto.com spent it on luxury goods, including a mansion, instead of returning it. In September 2023, Thevamanogari Manivel was sentenced to 18 months of community correction and six months of free community work, while her husband pleaded guilty to a single theft charge in December 2023.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 1 March, 2024 - 8:26 pm 1 March, 2024 - 8:26 pm
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