Kaique Nunes, a Brazilian millionaire had all the reasons to smile and thank a bug after his 500 real ($128) withdrawal request splashed on his face a cool 137 million reals ($35.13 million) from Brazilian bitcoin exchange Bitcambio accidentally.

When Bitcambio started contacting him to make a reversal of the transaction suspecting an elaborate scam, he couldn’t let it go his overnight millions.



In a dramatical event, he smelt his fortune prior when he drafted an order of $128, and the facility responsible for the automatic computation of transactions landed him the nine-figure bug-induced mistakenly.

Bitcambio company had already canceled the transaction overnight but, given its unwieldy size, local authorities insisted on getting the customer’s written agreement first.

Narrating the story to the local press Portal do Bitcoin, Kaique said earlier last month, he issued normal draft orders. After a while, Bitcambio called him to let him know that they had issued all his value and that they needed him to recognize a document in a notary’s office. And he thought it was a coup.

Just like any other person, the call from Bitcambio could have been anything, from a scammer worming his way into a signature to an employee at the digital asset exchange supposedly trying his hands on easy money likeHeavens Manna. But Bitcambio was determined to have its own back so its workers remained on Nunes’ case, explaining to him the importance of the reversal procedure.

“The company had already canceled the transaction, but that to complete the process it was necessary to go to the registry office, to recognize the signature and a document that they sent by email,” Nunes is quoted.

On Bitcambio platform vendor Rodrigo Souza’s page, a mutual group where Nunes is an administrator, he posted seeking clarification on the issue. Souza put it down to a mistake and promised Nunes that he would be compensated for committing his time to rectify the problem. Souza’s Company Blank Trade provided the software on the exchange.

The ordeal comes at time Bitcoin exchanges in Brazil are struggling. As the CCN covered the country’s Department of Federal Revenue (RFB) has been looking to snoop on exchanges.

In October, Exchange Bitcoin Max managed to win a standoff against a bank that was forced to reopen its accounts to avoid fines.

