Bitfinex Mistakenly Overpaid $23.8M for Transferring $100K in USDT
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Cryptocurrency exchange Bitfinex has spent almost $24 million ($23,879,889) in fees for transferring $100,000 in USDT. According to DeversiFi, a gas-free layer-two decentralized finance hub, the transfer was made using a "hardware wallet from the main DeversiFi user interface with an erroneously high gas fee." However, according to Etherscan, the deposit was sent from one of Bitfinex's wallets.

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Bitfinex Mistakenly Overpaid $23.8M for Transferring $100K in USDT

A spokesperson for DeversiFi said the team is already investigating the cause "to determine how this occurred." The company assured no customer funds on DeversiFi are at risk as the incident is an "internal issue." DeversiFi (prev. known as Ethfinex) is an Ethereum-based protocol that provides cryptocurrency trading features without transferring cryptocurrencies to an exchange to avoid fees and save high-speed trading.

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