Transfer Recovery
After mistakenly sending a large BTC transaction to the wrong address, our team identified the recipient and negotiated the complete return of funds through appropriate channels.
Client type
Enterprise Client
Asset value
$320K
Recovery rate
100%
Resolution time
15 days
01
A corporate client accidentally transferred 6.4 BTC (approximately $320,000) to an incorrect address during a large OTC transaction. The address belonged to an unknown third party, and the transaction had already been confirmed on the blockchain.
02
Our team used advanced blockchain analytics to identify the recipient address as belonging to a regulated cryptocurrency custodian. We established communication with their security team and provided cryptographic proof of the error along with complete transaction documentation.
03
Through careful negotiation and documentation, we were able to verify the rightful ownership of the funds. The recipient entity agreed to return the full amount to our client's correct address, resulting in 100% recovery.
Private & confidential