Category: NFT News

Ordinals trader gets Bitcoin back after fat-fingered NFT purchase — TradingView News

A Bitcoin Ordinals trader recovered their money after making an error purchase of a $13,000 nonfungible token (NFT) on the Bitcoin network. 

On March 1, a Bitcoin Ordinals trader shared a post on X about how they made their “biggest mistake” since they started trading Bitcoin-based NFTs. The trader thought they bought an NFT for 0.021 Bitcoin BTCUSD, worth about $1,287. However, the surprise came after the transaction when the trader realized that the NFT was listed for 0.21 BTC (around $12,877).

Cointelegraph

The trader said they felt embarrassed and sick and that a “lucky person” received a lot of money. According to the NFT trader, they shared the incident to urge others to double-check their digital asset transactions before going through with them.

While the trader accepted the loss, Dan Anderson, the seller of the NFT, saw the X post and promised to return the funds. Anderson highlighted that that was his listing and that he had already made an offer in the marketplace to buy back the NFT with 0.21 BTC. Anderson told the trader to accept the offer and be well again. “I listed it at 0.21 BTC because it’s dank not to fish for a fat finger. I was like ‘huzzah’ tho until I saw your post,” Anderson wrote.

Cointelegraph

The offer to buy back the NFT has been accepted, and the funds were returned to the trader. At the time of writing, the NFT has been listed in the market again at 0.21 BTC.

While the Bitcoin Ordinals trader recovered their funds, not everyone who receives crypto by mistake is eager to return the money. On Feb. 26, court documents showed that the Australian crypto exchange OTCPro accidentally credited a user $653,000 instead of $65,300 because of an error. The exchange claimed the user hasn’t responded to emails, calls or court appearances since the error came to light.

In 2022, a couple who received $10.5 million from Crypto.com by mistake bought luxury items, including a mansion, instead of returning the money. In September 2023, Thevamanogari Manivel received a sentence of 18 months of community corrections with six months of unpaid community work, while her husband pleaded guilty to a single rolled-up theft charge in December 2023.


Source link

Discover more from BIPNs

Subscribe to get the latest posts to your email.

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Share your opinion. And leave a reply within the comments from below.


Discover more from BIPNs

Subscribe to get the latest posts to your email.