Following an erroneous transaction by the DeversiFi decentralized exchange, an Ethereum miner has agreed to return most of the $23 million which was charged as network fees.
The DeversiFi team discovered a bogus transaction on September 27 with an unusually high network cost. According to Etherscan, a user connected to a hardware wallet spent a stunning 7,676 ETH in gas, which was roughly $23 million at the time.
The Bitfinex-powered DEX paid the transaction’s gas charge, which was for a $100,000 Tether transfer. DeversiFi, which just merged with Polygon, promised to look into the situation, assuring users that no monies were lost and that the transaction was a mistake.
Paolo Ardoino, Bitfinex’s chief technology officer, reassured users that if all else fails, the business will handle the problem.
“No user will be affected. Deversifi already confirmed that they will take care of it. And worst case scenario Finex will take care of it with it’s company funds. No user will be affected whatsoever.”
Fortunately for the user and Bitfinex, the miner agreed to reimburse nearly all of the ETH spent on the gas cost on September 28. According to DeversiFi, the miner has agreed to restore the ETH, and an investigation into the matter will be conducted.
“Thank you to the miner of block 13307440 who we can confirm is returning 7626 ETH that were incorrectly paid today as a tx fee.”
Members of the cryptocurrency community questioned the difference in the amount returned, pointing out that the miner kept 50 ETH, or around $150,000.
Many people also questioned Ethereum’s exorbitant transaction fees, which have risen again again and may have played a role in the erroneous transaction charge.
