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Re:Someone paid $2.6M in fees to move $134 worth of cryptocu... by FalconSensei on Thursday June 11, 2020 @01:46PM (#23491388)
This wouldn't happen with a bank wire, because you don't set the fee. You choose where to send, and how much to send. And that's it.

Yes, you can send to the wrong place, but for example, in Brazil, to transfer to another person, you have to specify:

- Name

- bank

- bank branch

- bank account

- CPF (government national ID)

if anything doesn't match, the transaction doesn't go through.

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