Adding More Confusion for Users blockFI

@verifiedasma000 · 2021-06-05 10:29 · LeoFinance

block00.jpg Last month, Benjamin Levin, his age was almost 34 from Laguna Beach, logged into his BlockFi account and suddenly noticed an unexpected income of 329 BTC (+1.08%), which was worth more than 16 million US dollars at the time.Despite the huge amount, Levine said he does not doubt his luck. because,The deposit was clearly marked as an promotion, and I checked it several times. in actually Levin's payment in his account with Bitcoin is actually a costly mistake made by the cryptocurrency lending company BlockFi, which is still working to recover Bitcoin and other cryptocurrencies, as part of the payment failure, it was mistakenly deposited into the user's account.The following plot shows the conflict with the centralized platform. One of Bitcoin's main innovations is that transactions don't have to be reversible, but centralized platforms like BlockFi seem to be ready to try. ## ##Fallout from the BlockFi promo error in march 15, they also tweeted and verified that some participation in march trending promotion may observe inaccurate bonus payment their is atteched tweet blockfi.jpg CoinDesk reported on May 18 that client were able to transfer some of the BTC prices from the platform, thereby getting rid of BlockFi's control. BlockFi issued a statement detailing the issue on May 19th. ## Unintended consequences Levine stated that he tried to sell BTC on the same Friday to buy shares in a company he had been considering reaching an agreement with for months. He wants to act quickly when cryptocurrencies experience a period of volatility and their bitcoin rewards lose value. After executing multiple transactions, he was able to remove 4 bitcoins from the platform before BlockFi cancelled the large deposit Levine on Monday. Said that he did not receive news from BlockFi when the company worked out the transaction details. He had signed the contract until Sunday. ## Conflicting timestamps there are more users who report such type of bonus and after receiving they throughout faces that they had won something after the transaction reversal occurred on the website, the user noticed that the timestamp had changed. Now, the rreversal seems to happen at the same time as the user account, not after 90 minutes. It is claimed that the time stamp was changed to give the impression that the comment was posted to the user’s account at the same time the comment arrived, rather than 90 minutes later. The user submitted a withdrawal request, but the withdrawal is still being completed, and the requested BTC is displayed in their storage.

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