On November 30, the cryptocurrency mining platform AntPool issued an update announcing that it would refund the 83 Bitcoin transaction charge to the affected user provided they provided the necessary identification information.
It stated that its risk control system temporarily suspended the fee during transaction packaging; therefore, it will refund the fee once the affected user verifies their identity.
By preparing a signing tool (Electrum or Bitcoin Core) and employing the private key of a wallet address provided by AntPool, the impacted user must provide their information to the organization by December 10 at 00:00 (UTC+8). Subsequently, they must sign the message with the code “AntPool.”
A transaction fee of 83 Bitcoin, equivalent to approximately $3.1 million at the time, was assessed to a Bitcoin user on the platform on November 23 concerning a transfer of 139 BTC.
In September, a comparable circumstance transpired when Paxos, the stablecoin issuer, verified that it had remitted a Bitcoin transaction charge amounting to $500,000. A transfer of Bitcoin worth $2,000 was subject to an exorbitant fee.
After receiving the charge, the Bitcoin miner initiated a petition on social media, soliciting responses from their followers. Most followers agreed to allocate the funds to the Bitcoin miner community. In the end, the miner reimbursed Paxos for the funds.
Bitcoin observed the eleventh anniversary of its initial halving this week, on November 28. Its current price fluctuates between $37,000 and $12.
