Bitcoin

A Bitcoin Ordinals trader recovered their money after making an error purchase of a $13,000 nonfungible token (NFT) on the Bitcoin&nbsp;network.&nbsp;
On March 1, a Bitcoin Ordinals trader <a href="https://twitter.com/PrincePablos/status/1763356588864385267" target="_blank" rel="noopener nofollow">shared</a> a post on X about how they made their “biggest mistake” since they started&nbsp;trading Bitcoin-based NFTs. The trader thought they <a href="https://twitter.com/PrincePablos/status/1763357918081282206" target="_blank" rel="noopener nofollow">bought</a> an NFT for 0.021 Bitcoin (<a href="https://cointelegraph.com/bitcoin-price">BTC</a>), worth about $1,287. However, the surprise came after the transaction when the trader realized that the NFT was <a href="https://mempool.space/tx/b1062d8852c2d59f02cb5c4241e42b1dbe7c067014dbf50167c1964a87f70ade" target="_blank" rel="noopener nofollow">listed</a> for 0.21 BTC (around $12,877).
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 Ordinals trader PrincePablos shares misfortune on X. Source: <a href="https://twitter.com/PrincePablos/status/1763356588864385267https://twitter.com/PrincePablos/status/1763356588864385267" target="_blank" rel="noopener nofollow">PrincePablos/X</a>
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The trader said they felt embarrassed and sick and that a “lucky person” received a lot of money. According to the NFT trader, they shared the incident to urge others to double-check their digital asset transactions before going through with them. 
While the trader accepted the loss, Dan Anderson, the seller of the NFT, saw the X post and promised to return the funds. Anderson highlighted that that was his listing and that he had already <a href="https://twitter.com/droplister/status/1763389385402159547" target="_blank" rel="noopener nofollow">made</a> an offer in the marketplace to buy back the NFT with 0.21 BTC. Anderson told the trader to accept the offer and be well again. “I listed it at 0.21 BTC because it’s dank not to fish for a fat finger. I was like ‘huzzah’ tho until I saw your post,” Anderson wrote. 
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 <img src="https://s3.cointelegraph.com/uploads/2024-03/b5be2876-d61e-4a86-a04c-19080e43cfae.jpg" alt="" title="">
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 Transactions on the Bitcoin Ordinals NFT. Source: Magic Eden
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The offer to buy back the NFT has been <a href="https://magiceden.io/ordinals/item-details/84b686ae26ad5f38ab9555e77b8333d79d185eb8cd1161b33d4dc56649642253i0" target="_blank" rel="noopener nofollow">accepted</a>, and the funds were returned to the trader. At the time of writing, the NFT has been listed in the market again at 0.21 BTC. 
Related: <a href="https://cointelegraph.com/news/opensea-collector-fat-fingers-a-100-eth-bid-for-a-free-nft">OpenSea collector fat fingers a 100 ETH bid for a free NFT</a>
While the Bitcoin Ordinals trader recovered their funds, not everyone who receives crypto by mistake is eager to return the money. On Feb. 26, court documents showed that the Australian crypto exchange OTCPro accidentally credited a user $653,000 instead of $65,300 because of an error. The exchange claimed the user <a href="https://cointelegraph.com/news/crypto-exchange-mistakenly-sends-user-650k">hasn’t responded to emails</a>, calls or court appearances since the error came to light. 
In 2022, a couple who received $10.5 million from Crypto.com by mistake bought luxury items, including a mansion, instead of returning the money. In September 2023, Thevamanogari Manivel <a href="https://cointelegraph.com/news/couple-mistakenly-sent-10-5-m-crypto-com-october-plea-hearing">received a sentence</a> of 18 months of community corrections with six months of unpaid community work, while her husband <a href="https://www.news.com.au/finance/jatinder-singh-crypto-enthusiast-knew-10m-windfall-was-a-mistake-court-told/news-story/8cc90e827e75a9119259d4ea3a7d79d3" target="_blank" rel="noopener nofollow">pleaded</a> guilty to a single rolled-up theft charge in December 2023. 
Magazine: <a href="https://cointelegraph.com/magazine/cryptopunk-seedphrase-sothebys-nft-collector/">Owner of seven-trait CryptoPunk Seedphrase partners with Sotheby’s: NFT Collector</a>

Ordinals trader gets Bitcoin back after fat-fingered NFT purchase

Cointelegraph

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