DeFi revealed that it had accidentally handed out $90.1 to its users and this was due to a bug that crept into the system. DeFi is a popular blockchain-based type of finance and it mistakenly gave away millions after a recent system upgrade that has gone badly wrong.
With the mistake, its founder, Robert Leshner, is pleading with those who received crypto tokens to return them to the platform. Since some may not be willing to return them, he also sort of issued a warning so they will be convinced to voluntarily give them back.
“If you received a large, incorrect amount of COMP from the Compound protocol error: Please return it to the Compound Timelock (0x6d903f6003cca6255D85CcA4D3B5E5146dC33925),” he tweeted late last week. “Keep 10% as a white-hat or otherwise, it is being reported as income to the IRS, and most of you are doxxed.”
With his plea, it has yet to be known if the recipients will decide to return the tokens worth millions or they will take the risks and keep them. But observers said that with the reward option, it is highly likely that many would yield and return them to the DeFi platform.
“Alchemix (another DeFi protocol) had a similar incident a few months back where they gave out more rewards than intended,” Mudit Gupta, a blockchain security researcher, told CNBC with regards to the chances of the tokens being returned. “Almost everyone who got the extra rewards refunded the extra. This makes me optimistic that people will refund most of the COMP tokens, as well, but you can never be sure.”
In any case, it was reported that the price of Compound’s token called the COMP initially dropped to almost 13% in a day after the news of the bug was revealed. However, it quickly bounced back and has since gained back what it lost.
Finally, the tokens were accidentally distributed last week after Compound rolled out an upgrade. But after the implementation, they noticed something wrong and discovered the error of doling out tokens to users. It turned out that the new Comptroller contract has a bug.


GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours
Bitcoin Coils Near $77,000: Short Squeeze Potential Grows Amid Geopolitical Fog
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings
Air Liquide Q1 Revenue Misses Estimates Amid Currency and Energy Headwinds
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition
ETHUSD Dip-Buy at 2300 as 55 EMA Hurdle Caps Rally; Upside Targets 2770/2880/3000 on 2500 Break
Bitcoin Cools Down: BTCUSD Pulls Back as Risk Appetite Wanes
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift
Ethereum Under Pressure: ETHUSD Tests Critical Support as Market Momentum Fades
Geopolitical Jitters vs. Institutional Might: Bitcoin Braces for Ceasefire Clarity
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings
Google Secures Pentagon AI Deal for Classified Projects
WuXi AppTec Stock Surges on Strong Q1 Earnings and CRDMO Demand Growth 



