Paxos "Fat Finger" incident: $500,000 spent to transfer $200 worth of Bitcoin

On September 10th, an unidentified entity paid 19.89 BTC, worth around $500,000, but only transferred 0.008 BTC ($200). It was confirmed that the fat finger belonged to the stablecoin issuer Paxos.

The mining pool F2Pool that facilitated this transaction has fully refunded

Updated on 9/18, F2Pool, which facilitated this transaction, has fully refunded the fees to Paxos on 9/15, stating on its Twitter before X:

After identity verification, we confirmed ownership of these BTC and fully refunded the fees to the sender, Paxos.

We would like to provide an update regarding the recent mistakenly overpaid ~20 BTC transaction fee we received. After conducting identity verification, we have confirmed the ownership of these BTC, and fully refunded the fee to the sender, @Paxos.

TXID: https://t.co/O9HOktlsPU

— f2pool 🐟 (@f2pool_official) September 15, 2023