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$500 Million mistakenly sent to Genesis Address

Genesis Ethereum address is easy to remember, 0x followed by 40 zeros. It is an easy address to remember. This address is easy but it is also easy to enter by mistake. What if an error sents your all cryptos?

Token balance of Genesis Address.

What actually happened?

One of the Reddit users asked that “Is there any way to get golem I sent to Genesis address?” describing about the bug while transaction.  He also said that:

I was transfering my tokens from my ethereum wallet to my ledger nano s and forgot to input an address before hitting send. Ethereum wallet apparently sends to [the genesis address] as a default. Has this happened to anyone else?

After some time other users also started complaining about that they sent their saving of 1493 ETH in error. The Genesis address has received over 750 transactions in 3 years and holds over 7000 ETH which is worth $6 million.  Still, people are mistakenly sending their cryptos to Genesis and the value is increasing day by day. Let’s see these users get their cryptos back in future?

Source: news.bitcoin.com

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