--- title: "Blockchain Company Accidentally Gives Out $90 Million, Begs People to Give It Back" description: "Users of the popular decentralized money market Compound got an unusual surprise. Millions of dollars worth of COMP tokens, rewards for crypto mining, were mistakenly given out Wednesday night — and the exchange is now having to ask for its money back. According to public records, the equivalent of around $90.1 million was given out […]" date: "2021-10-01" modified: "2021-10-01" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/blockchain-company-gives-out-money-begs" categories: - "Blockchain" - "Future Society" tags: - "blockchain" - "cryptocurrencies" - "cryptocurrency exchanges" --- # Blockchain Company Accidentally Gives Out $90 Million, Begs People to Give It Back ![Millions of dollars worth of COMP tokens, rewards for crypto mining, were mistakenly given out by a decentralized crypto market Wednesday night.]() *\Image: Getty / Futurism\* It's just another day in the Wild West of cryptocurrency markets. Users of the blockchain startup Compound got an unusual surprise. Millions of dollars worth of COMP tokens, rewards for crypto mining, were mistakenly given out Wednesday night — and the exchange is now groveling and threatening for its money back. A [decentralized finance or "DeFi" protocol]() like Compound allows investors to trade directly with each other. Cryptocurrency exchanges, in contrast, are businesses that facilitate the exchange of assets for other kinds of assets, like trading cryptos for fiat currencies. According to public records, the equivalent of around $90.1 million was given out in total. One user [couldn't believe their luck](), ending up with 70 million COMP tokens, worth around $20 million. "What's going on here?" [they tweeted](). Now, of course, Compound is desperate. "If you received a large, incorrect amount of COMP from the Compound protocol error: Please return it," Robert Leshner, founder of Compound Labs, [tweeted Thursday night](). Leshner also gave out a stern warning. "Keep 10 percent as a white-hat," he added in the tweet. "Otherwise, it’s being reported as income to the IRS, and most of you are doxxed." The founder seems to have had a change of heart after making the threat, though. "I'm trying to do anything I can to help the community get some of its COMP back, and this was a bone-headed tweet / approach," he wrote in a follow-up tweet. "That's on me." "I appreciate your ridicule and support," Leshner added. The founder basically had his finger on the self-destruct button by threatening to unmask users. "Doxxing their customers is about the worst thing a crypto company can do from a PR perspective," Mati Greenspan, portfolio manager and Quantum Economics founder, [told *CNBC*](). Surprisingly, users have given back their money before when another money market called Alchemix had a similar incident, mistakenly giving out $4.8 million. "Almost everyone who got the extra rewards refunded the extra," blockchain security researcher Mudit Gupta told *CNBC*. "This makes me optimistic that people will refund most of COMP tokens, as well, but you can never be sure," he said. **READ MORE:** [DeFi bug accidentally gives $90 million to users, founder begs them to return it]() \[*CNBC*\] **More on cryptos:** *[El Salvador Officially Starts Mining Bitcoin Using Power From an Actual Volcano]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()