Accidental Recipient of Over $300,000 in EOS Honestly Returns Funds to Rightful Owner
While the transparency and immutability of blockchain are what keeps this ledger honest, there is many investors and traders that do not hold the same values. Mistakes can be made, but there is no guarantee of these situations being remedied. Luckily for one EOS user, his mistake involved an honest and kind individual from Aussie.
Most of the time, the unfortunate rule of the blockchain is “no backsies” when something is sent, but this story involves a much kinder soul. Cryptocurrency transactions do not have a way of being returned when sent to the wrong place, which is why checking a wallet address is so crucial. There have been so many scams and just human errors that have forever lost funds from customer wallets.
Then, there are days like this one, when there is a reminder that not everyone is a bad guy in cryptocurrency. Accountholder Australia123 was the recipient of $300,000 in crypto tokens, transferred from an account holder named guydcnzsgyge. The newbie was trying to transfer between their own accounts but inadvertently sent it to the formerly mentioned user instead.
Within about two hours, guydcnzsgyge noticed the error. Rather than counting his funds as lost, he boldly sent a message to Australia123, explaining the mishap. The message said,
“Hi, I have accidentally sent my EOS tokens to your account but if you can return asap I am happy for you to retain 5000 EOS tokens. Thank you.”
A follow-up message urged the recipient to get in touch quickly, noting that the fund is his life savings.
Most crypto users would not even bother to reply, even though it would be impossible to fake this situation for any kind of scam.
Australia123 thought the same but was convinced by the user that this was just an error made with novice knowledge of cryptocurrency.
Returning the tokens, Australia123 took the sender up on their offer to keep 5000 EOS, deducting it from the return. The sender greatly appreciated the honesty and quick compliance with the request, even though the mistake was his/her own.
Considering that there are only a few nodes that produce blocks, guydcnzsgyge is lucky in that the funds could have been frozen or reverse, though this function hasn’t been used many times.
The kind actions of the recipient are few and far between in the community, but it happens. Two years ago, the mining pool run by BTC.com went to great lengths to refund a user for their transaction fees. There are also been multiple donations to BitGive, benefiting Venezuelans in need.