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Crypto firm mistakenly sends out $89M, asks users to please return it

Crypto firm mistakenly sends out $89M, asks users to please return it
Crypto firm mistakenly sends out $89M, asks users to please return it

By Irina Ivanova

A technical glitch in a crypto marketplace has just made some cryptocurrency users tens of millions of dollars richer — and the marketplace founder’s threats have ignited a debate about the rules of digital money in an authority-less world.

Compound, a popular cryptocurrency platform, last week put out what should have been a routine update to the code that governs users’ transactions. However, the update contained a bug that mistakenly sent up to $89 million worth of crypto tokens into some users’ accounts.

As investors flock to cryptocurrencies, scammers seek ways to capitalize

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