JUST IN: @mononautical discovers the entity that spent $510K on a single #BitcoinΒ  transaction fee was…

PayPal 😱

It was apparently due to a software bug and took them 24 hours to realize and halt withdrawals. πŸ‘€

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Discussion

Noobs

Good they do not need that money; give that to the miners etc lol

That was a misinformation fee, I fined them $500k

AHAHAHAHAH

Brutal haha. When a payments company ironically learns what final settlement is the hard way 🀣

Hahahahaha, good.

Did the pool really return the fee in the end?

Finally some great news today!

Something something go broke

UPDATE: A PayPal spokesperson says its infrastructure partner Paxos was responsible for the overpayment:

"This only impacted Paxos corporate operations. Paxos clients and end users have not been affected and all customer funds are safe."

FUNDS ARE SAFU

Noobs