A buyer of a Bitcoin “inscription” on the Ordinals protocol received back approximately $13,000, which was mistakenly paid for an NFT.
Hey, this was my listing. I made you an offer on it for 0.21 BTC, so you can accept that 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. https://t.co/yczB6TOAAz
— Dan Anderson (@droplister) March 1, 2024
The trader shared the story on social network X. He described it as the “biggest fail” since he started participating in Ordinals.
Believing he was purchasing an asset for 0.021 BTC (~$1300), he confirmed a transaction for 0.21 BTC. He noted that this was the “last money in his wallet.”
“Hey, this was my listing. I made you an offer for 0.21 BTC, which you can accept. Because it’s not cool to take advantage of a typo. I was actually thrilled until I saw your post,” wrote the seller named Dan Anderson.
The unfortunate buyer confirmed the transaction and received his money back minus a 2% fee.
In response to a comment suggesting Anderson is “not in it for the money,” the trader replied directly:
“Actually, I am. But not at any cost.”
The majority of users applauded his decision to return the funds to the buyer who made the mistake.
Class act pic.twitter.com/cUND41JeJ6
— arno (@arnocordo) March 1, 2024
Among them was a well-known Ordinals supporter, Udi Wertheimer, who commented on Anderson’s action in internet slang: “legend.”
In the blockchain industry, it is not always possible to recover funds sent in error due to the irreversible nature of transactions.
In 2021, the cryptocurrency platform Crypto.com accidentally transferred $10.5 million to a woman in Melbourne instead of a $100 refund. The error was discovered more than seven months later. However, before attempts to reclaim the funds, the recipient and her sister purchased a luxury mansion with a gym and cinema. A judge ordered the sale of the property to return the money to the company.
In 2022, Crypto.com mistakenly transferred 320,000 ETH (~$396 million at the time) to the address of the Gate.io exchange. The assets were successfully recovered.