Crypto Exchange Gets Refund on $24 Million in Fat-Finger Fees

A cryptocurrency exchange involved in a $100,000 transaction that was mistakenly charged $24 million in fees says the funds are now being returned -- a reversal of an epic fat-finger trade on the supposedly irreversible blockchain ledger.

DeversiFi, a decentralized exchange, thanked an Ethereum miner for paying back the 7,626 Ether that were “incorrectly paid” as a transaction fee, it said in a tweet late Monday.

The trade caught the eye of crypto fans early yesterday when it posted exorbitant fees for a mere $100,000 transfer in Tether, the stablecoin pegged to the dollar. The blockchain tracker Etherscan showed the ...