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An Australian man, Jatinder Singh, was sentenced to jail after receiving a $10.47 million accidental refund from Crypto.com. The refund was a result of a clerical error by a Bulgarian-based employee who mistakenly typed Singh's bank account number as the refund amount. Singh and his partner, Thevamanogari Manivel, went on an extravagant spending spree with the funds, leading to legal intervention. Singh spent $6.07 million and was sentenced to three years in prison, while Manivel received a lesser sentence. The court highlighted Singh's lack of insight into his wrongdoing and Crypto.com's legal action to recover the funds. Despite claiming the money was a prize, Singh's actions were deemed reckless. The incident, which took seven months to be discovered, serves as a cautionary tale of the consequences of misappropriating funds. Read more AI-generated news on: https://app.chaingpt.org/news