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DESCRIPTION OF EVENTS

"Edit: Full story. Sent ETH to WETH contract and got WETH back (after some googling I found this is how the contract works). Assumed it works the same way backwards and sent WETH back to the contract. No ETH back. Apparently you have to use a frontend to get the ETH back. ETH lost forever."

"Edit 2: Thanks strangers. I am really happy to see lots of kind hearted people in the comments and chat. This is a significant amount of money for anyone to lose and it was the case for me as well. I was under the stress of some other things in my life and made a bigger mistake by making assumptions in this wild early technology. But, I will be OK."

"I am sharing my wallet address in case the community wants to help me remediate some of this loss. I would also be in favor of an EIP returning money to addresses who lost money because of these early mistakes. However, I can see that this can be a contentious one, so the community and the success of Ethereum should always be first."

"Edit 3: I am also sorry that this was a negative event for the perception of cryptocurrencies. The last thing I would want in this world :( A life-changing lesson for me, but definitely something to work on as a community as well."

Explore This Case Further On Our Wiki

A user made the mistake of sending wrapped ethereum to the wrapped ethereum smart contract, thinking it would work to unwrap it. Instead, their funds were permanently lost.

https://i.redd.it/ls22212iize81.png (Sep 17)
Did I just lose half a million dollars by sending WETH to WETH's contract address? : ethereum (Apr 5)
Ethereum Transaction Hash (Txhash) Details | Etherscan  (Apr 5)
[deleted by user] : ethereum (Apr 5)
Trader loses $510,000 trying to convert funds between two currencies (Apr 5)
Did I just lose half a million dollars by sending WETH to WETH's contract address? : ethereum (Apr 5)
Tyler Glaiel @TylerGlaiel someone lost half a million dollars because they made a small mistake while trying to do a crypto transaction. the fact that there is no possible way to remedy this is seen as a feature by crypto bros. the person who lost...razil (Apr 5)
Ethereum Investor Loses $500,000 After Sending WETH to the WETH Contract (Apr 5)
https://www.reddit.com/r/ethereum/comments/sfz4kw/deleted_by_user/ (Apr 5)
Reddit - Dive into anything (Apr 5)
Coinbase Launches Wrapped Ethereum Liquid Staking Token Ahead of The Merge – Bitcoin News (Apr 5)

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