Security News > 2021 > October > Crypto platform mistakenly gives $90M to users, asks for refund
In a major blunder, cryptocurrency platform Compound accidentally paid out $90 million among its users.
Compound is an Ethereum-based money market protocol that enables users to earn interest or borrow assets against collateral.
Yesterday, due to an erroneous upgrade process, the decentralized finance platform ended up spilling out Ethereum assets worth $90 million to its users.
Compound's founder Robert Leshner urged users who received these Compound tokens in error to return the assets to the platform's Timelock contract.
It remains yet to be seen how many users who erroneously received the crypto assets would be returning them to Compound.
Whereas, in Compound's case, the technical error has left the funds in the hands of honest users who, we hope, will remain honest.