Crypto promotional schemes have become an old hat in the industry. Moreover, many businesses are trying to secure customer loyalty through a range of perks and mini handouts.
BlockFi mistakenly credited its users with too much Bitcoin in a promotional offer. However, just under a hundred BlockFi users are reported to be affected.
Moreover, one of the users allegedly received a staggering 701.4 BTC on May 14. According to the original giveaway, BlockFi had also offered Bitcoin rewards for the clients trading a set volume in US dollars between March 18 and 31.
The Company credited rewards to the accounts by May 31, but BlockFi warned users already on May 14. As a result, some clients who participated in the March trading promotion may have seen an inaccurate bonus payment displayed in their transaction history.
However, the Company’s team is working on a fix, and the proper amount will be reflected in accounts shortly. According to the company representative, just a hundred clients are thought to be affected.
The Company moreover uses an allegedly threatening tone to the clients who do not comply instantly with directives to return the funds. However, this news has already erupted on social media.
One of the users has reportedly posted a photograph of an email from BlockFi allegedly notifying him/her on social media. Moreover, the Company also offered clients a $500 payout in Gemini dollars. This is given as compensation for the troubles this may have caused.