Oops: Who just spent $188,000 to send millions worth of Ethereum?

14, the multi-signature signatories behind SushiSwap - the controversial Uniswap fork that has become one of the largest Ethereum coins and apps within two weeks of its launch - bought back around $14 million worth of SUSHI. As reported by CryptoSlate, what happened was that the pseudonymous co-founder of the project sold a share of the developer funds, then in SUSHI, for ETH, then took off with the money.

After the situation calmed, the multi-signature signatories, who were established to ensure the funds could not be misappropriated again, decided, along with the community, to spend the Ethereum returned to them on buying back Sushi.

While the buyback of SUSHI went well, a little mishap took place afterward.

14, users noticed a weird transaction pop up on the Ethereum blockchain: someone had spent 500 ETH - valued around $188,000 - to send 37,500 ETH from one wallet to another.

For context, the "Normal" cost of sending Ethereum from address to address is closer to $2, meaning this user overpaid by 9,400,000 percent.

Analysts were quick to point out that this was a wallet connected to SushiSwap, with it previously holding the SUSHI that was bought back on-chain.

There is a precedent of users paying obscenely high transaction fees getting their funds returned by mining pools.

Earlier this year, in June, a user sent a series of transactions where the transaction fee was in excess of $2 million.

Ethermine and Sparkpool, which mined the blocks pertaining to the transactions, pledged to return the funds to the user if they were contacted.

Notably, Ethermine processed the block that the SushiSwap-related transaction was in.