24 eth instead of 24 usdt....What Will You Do If.......?

[maxreish]

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

[1714815510]

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[1714815510]

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[kevoh]

Eh, I won't judge you if you don't return it. If you truly need it that is, and you're not really to blame if you were to ever run with it, simply because it was an error on their part and not necessarily yours. I would probably not return it if I were in your shoes, especially if the said exchange stays silent and doesn't demand a return. If they demanded, I might give in since I'm not particularly at a difficult spot, but if they don't, I don't see a reason why I should.

Heck, you can even negotiate about retaining maybe half the amount. I'm pretty sure you have the advantage in terms of negotiation power here since you have the funds, while they don't necessarily have the right to argue due to their mistake. It's really up to your moral compass on how much you're willing to return.

It's been 4 days now, the exchange has not asked for it and the lucky guy has refused to return the money, not because the exchange has not asked for it, but because he had about 0.275 eth on the exchange and some other altcoins worth about 0.7 eth, in about 1 hour after he received the 24 eth in place of 24 usdt, the exchange emptied all his wallet, he's 0.275 eth was gone, he's altcoins worth 0.7 eth was also all gone, because of this, he decided he's not going to make contact with the exchange except they contact him which I personally don't think is possible cus they don't have any of his personal information.

After reading your first post, it's kind of hard to return the 24 Eth, although I will usually allow my conscience take over, contact the support and immediately return the money.

I believe his 0.275 Eth and altcoins worth 0.7 Eth would not have been lost if he just allowed the good Samaritan in him to do the right thing. Anyway, he should take action already and stop dragging feet! The reason he gave for not contacting the exchange will not sail as four days is already too long to make any form of contact with the exchange. Contact the exchange, return their money and get yours back or just simply forget ( while accepting 50% of the blame too).

[wxa7115]

Greetings bitcoiners

I asked this same question in one other crypto forum but am yet to get answers, so am bring the same question here for your opinions and thoughts
 

So for example, you sold an altcoin for usdt in one of this semi decentralized exchanges that claim to be fully decentralized, you sold your altcoin and got a total of let's say 24 usdt, you then place a withdrawal of that full amount, instead of the exchange sending you 24 usdt, for some reason you and I don't know, they sent you 24 eth instead.

So my question is.. What will you do? Will you return the money?

And note.... This is not fictional, it happened for real to a crypto friend of mine.

So let's discuss.

I will return the money however I will be lying if I said I will not be tempted by such amount of money, while that is not life changing money in my country who does not like the idea of having more money on their savings account? But this is not the right way to do it.

While do not believe in the law of attraction and all that stuff it is obvious that if you are the type of person that takes advantage of such mistakes eventually people are going to caught on and sooner or later you will find yourself completely on your own and when you need to help of someone else no one will give it to you because they know the type of person that you are.

[dunfida]

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

5% chance for someone to return and 95% wont tend to give it back.Its already a free money for you and someone will think that its their own fault.Why would the heck they will return it?
This is indeed a test of dignity and someones honesty but in todays era where money is valuable then its hard for someone to let their honesty be on the works.
$9000 is a big money and if someone do see that something that amount had put up into your wallet, would you give it back? i dont think so.

[Oceat]

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

I wonder if someone did it already since having a crypto wallet is anonymous? Some people will think this way but some people will come up with an excuse to put the blame on the exchange. You know it's kinda big money if you trade it to fiat so I think most people would be greedy to accept the fact that it's the exchange fault. It's always a hard decision especially if you are living in a third world country so you will definitely gonna get their answer as the exchange fault.

[wxa7115]

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

I wonder if someone did it already since having a crypto wallet is anonymous? Some people will think this way but some people will come up with an excuse to put the blame on the exchange. You know it's kinda big money if you trade it to fiat so I think most people would be greedy to accept the fact that it's the exchange fault. It's always a hard decision especially if you are living in a third world country so you will definitely gonna get their answer as the exchange fault.

It is obvious this should have happened many times already especially if the exchange or casino does not use an automated system to manage their transactions and instead manage transactions by hand, then the chances this happens are very high because as we know humans are not perfect by any means and there is even a possibility they never realized their mistake.

And while I like to believe the majority would give the money back taking into account the anonymity that bitcoin can give to its users then there is a decent chance many will opt for not returning the money and simply never play in that casino again even if they know their actions are wrong and cannot be justified.

[milewilda]

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

I wonder if someone did it already since having a crypto wallet is anonymous? Some people will think this way but some people will come up with an excuse to put the blame on the exchange. You know it's kinda big money if you trade it to fiat so I think most people would be greedy to accept the fact that it's the exchange fault. It's always a hard decision especially if you are living in a third world country so you will definitely gonna get their answer as the exchange fault.

It is obvious this should have happened many times already especially if the exchange or casino does not use an automated system to manage their transactions and instead manage transactions by hand, then the chances this happens are very high because as we know humans are not perfect by any means and there is even a possibility they never realized their mistake.

And while I like to believe the majority would give the money back taking into account the anonymity that bitcoin can give to its users then there is a decent chance many will opt for not returning the money and simply never play in that casino again even if they know their actions are wrong and cannot be justified.

Human error is pretty common thats why these kind of circumstances or possibilities can really happen even i do still have hope that theres still honesty and dignity on where most people on this world have..
There would be always some alibi and reasons for themselves to tell that its their fault, why should i give it back? Its a good amount of money but there would be still someone will return those funds
without hesitation.Lucky for those who had accidentally or the exchange itself had some fault on sending out funds which isnt on the right amount.In my case then most likely i wont return it
for sure. lol

[1GUARDIAN]

Of course not ! I would not have returned a cent, unless, of course, I had not been specifically asked about it. This is bug of the exchange owners and, accordingly, this is their personal problem.

I am sure that any major exchange will also receive substantial insurance payments if this happens, so you should not return anything to anyone.

[Fivestar4everMVP]

Of course not ! I would not have returned a cent, unless, of course, I had not been specifically asked about it. This is bug of the exchange owners and, accordingly, this is their personal problem.

I am sure that any major exchange will also receive substantial insurance payments if this happens, so you should not return anything to anyone.

And just like I've said here before, I personally would not have returned a dime from that 24 eth if it was me this thing happened to, trust me, except they contact me, then we will negotiate how many eth I Will return back to them, this exchanges don't send anyone of their users, they probably have stolen from their users much more than we all can ever imagine and maybe this is God's way of taking from them and giving back to the poor lucky guy😂😂,
And as an update, the exchange didn't contact the lucky guy up till now and the guy in return have not returned the eth, Infact, he spent some already.

[Akiko]

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

5% chance for someone to return and 95% wont tend to give it back.Its already a free money for you and someone will think that its their own fault.Why would the heck they will return it?
This is indeed a test of dignity and someones honesty but in todays era where money is valuable then its hard for someone to let their honesty be on the works.
$9000 is a big money and if someone do see that something that amount had put up into your wallet, would you give it back? i dont think so.

If I am the one who receive it , I can answer it directly yes , I can give it back to the rightfull owners  who send that money accidentally if that person  contact me directly .even it's already a free money. Its still not your money . It's depend on the person and how much he need it , as for me if I know I can earn it I don't see any reason why should I hide or steal the money I didn't own at the first place.

[DashingAgent]

Those funds should be returned because those are not your funds, those are the funds of many people!

Greetings bitcoiners

I asked this same question in one other crypto forum but am yet to get answers, so am bring the same question here for your opinions and thoughts
 

So for example, you sold an altcoin for usdt in one of this semi decentralized exchanges that claim to be fully decentralized, you sold your altcoin and got a total of let's say 24 usdt, you then place a withdrawal of that full amount, instead of the exchange sending you 24 usdt, for some reason you and I don't know, they sent you 24 eth instead.

So my question is.. What will you do? Will you return the money?

And note.... This is not fictional, it happened for real to a crypto friend of mine.

So let's discuss.

[Lanatsa]

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

5% chance for someone to return and 95% wont tend to give it back.Its already a free money for you and someone will think that its their own fault.Why would the heck they will return it?
This is indeed a test of dignity and someones honesty but in todays era where money is valuable then its hard for someone to let their honesty be on the works.
$9000 is a big money and if someone do see that something that amount had put up into your wallet, would you give it back? i dont think so.

If I am the one who receive it , I can answer it directly yes , I can give it back to the rightfull owners  who send that money accidentally if that person  contact me directly .even it's already a free money. Its still not your money . It's depend on the person and how much he need it , as for me if I know I can earn it I don't see any reason why should I hide or steal the money I didn't own at the first place.

Im glad that there are still people who are really honest in kinds of this situation where they do still plan to give it back to the rightful owner.

How about if you don't know on who owned it? Lets say it came from exchange then would you tend to contact the exchange itself and tell that they
had mistakenly sent out those funds?

[DashingAgent]

You mean to say that those funds should not be returned back? You look like a scammer, just want to ask that how many times you scammed other people?

Omg, if we are talking about the dignity and honesty of one's personality. If that friend of yours received the wrong coins which cost of course high amount of money, I think he should return that to that particular exchange. Whether it is decentralized or not).

The fact that the exchange has it's fault but they have a business running and that 24 eth is supposedly their profit now, or their companys "supposedly" income, they deserved to get back that 24 eth. I honestly doubt though that the person will return that.

5% chance for someone to return and 95% wont tend to give it back.Its already a free money for you and someone will think that its their own fault.Why would the heck they will return it?
This is indeed a test of dignity and someones honesty but in todays era where money is valuable then its hard for someone to let their honesty be on the works.
$9000 is a big money and if someone do see that something that amount had put up into your wallet, would you give it back? i dont think so.

If I am the one who receive it , I can answer it directly yes , I can give it back to the rightfull owners  who send that money accidentally if that person  contact me directly .even it's already a free money. Its still not your money . It's depend on the person and how much he need it , as for me if I know I can earn it I don't see any reason why should I hide or steal the money I didn't own at the first place.

Im glad that there are still people who are really honest in kinds of this situation where they do still plan to give it back to the rightful owner.

How about if you don't know on who owned it? Lets say it came from exchange then would you tend to contact the exchange itself and tell that they
had mistakenly sent out those funds?

[Inkdatar]

This is is huge money especially in our country it is hard to find a job that really pays huge salary. In this case, if someone will contact me definitely I will return the money. Better to do good deeds than to steal someone’s money, good karma will leads your way.

[DashingAgent]

Scammer comes from an uncivilized nation

Just keep it, exchanges basically make tons and tons of money, what's 24 ETH to them?

[bearexin]

Mate, this is tricky question  well, my church mind will say I should return and maybe that’s the best thing to do, since it doesn’t belong to you and you know what you traded that you got more than.

But, I know for sure that some people are going to say that God has buttered your bread lol, it’s a decision you’re going to make for yourself because bringing it to the public means that you’re going to be getting a divided opinion, some will tell you not to return it that you’re lucky, while others would say you should return. And for me? Yes return it to them.

[Eureka_07]

<snip>
So my question is.. What will you do? Will you return the money?

And note.... This is not fictional, it happened for real to a crypto friend of mine.

So let's discuss.

I'm curious what happened next after he was mistakenly given 24 ETH...

Huge money, but I'll personally choose to return it to them as I don't think my concience can take it if I'd chose to not return the money.
Plus that is the right thing to do, don't do to anyone what you do not want to be done into you.
That's the golden rule which I think one of the best rule that we have morally and ethically.

[Shasha80]

It depends on my financial situation, if when I receive 24 ETH I do have healthy finances. I without doubt will return the 24 ETH,
because it was not mine to begin with, so it should have been returned. But if my finances are bad, maybe I will do the opposite,
because with 24 ETH coming in, it can help my finances.

[Hamphser]

It depends on my financial situation, if when I receive 24 ETH I do have healthy finances. I without doubt will return the 24 ETH,
because it was not mine to begin with, so it should have been returned. But if my finances are bad, maybe I will do the opposite,
because with 24 ETH coming in, it can help my finances.

I would do the same without any doubt or questions but the only thing that stops me on doing so is that im afraid with karma.

To think that those money is belonged to other person and when someone do really curse you then it might really give out some effects into you.

It might not be effective immediately but there would really be some point in life.Some do believe with karma and some dont but im a bit still of an
honest man so i would definitely or most likely return it.

[sulendra12]

So my question is.. What will you do? Will you return the money?

Well, it's up to you:
1. If you are going to return the money, then congrats. You are not guilty for the rest of your life and not risking your account get banned, although I have never heard an exchange chargebacks the withdrawal money from receivers because of their fault.
2. if you are trying to take it, then yea it's not a good thing and you may feel regret and haunted by this mistake ever. The worst case is they would take law-action against you.