Indian-Origin Man Faces Trial in Australia Over Cryptocurrency Bungle
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Melbourne: An Indian-origin Sikh man and his Malaysian partner who mistakenly received USD 10.4 million from a cryptocurrency company following an administrative bungle in Bulgaria is facing a trial in Australia over allegations that the couple spent the money on items, including a USD 1.2 million house, according to a media report on Tuesday.Jatinder Singh, 37, and his partner, Thevamanogari Manivel, 40, appeared at Melbourne Magistrates' Court on Tuesday. The court was told that the company, crypto.com, had intended to refund USD 100 into Manivel's Australian bank account in May 2021 but mistakenly paid USD 10.4 million, news website Brisbane Times reported.The company became aware of the mistaken payment in December 2021 after a financial audit in Hong Kong uncovered the error....