Re:Someone pays $500k fee to send $1,865
by throwawaymobule on Monday September 11, 2023 @07:20PM
(#37475011)
it's done like that because it uses less bits in the payment script.
you can do it other ways, but it'll cost more. bitcoin's fairly freeform like that.
So they may have just forgotten to add the field that sends the money in a self-loop, and by default the account was drained by the miner fee.
This is obviously a terrible design but it can't be changed.