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UD Blog

Unveiling Perspectives and Delivering Insights Related to Tech

Can USDT be recovered from theft? What is the legal recourse for the FTX incident?

If the cryptocurrency is stolen, it can be used some technology to trace the address of the thief and then remint the coin to the victim. But the process is very difficult and requires lawyers, police, etc. to do so.


With our BlockTracer service, people can quickly know their cryptocurrency has been traded without their authorization. Then we can work with lawyers and police to take further action, contact the exchange and freeze the asset, and then try to recover the stolen cryptocurrency through legal channels. But if it's an unknown wallet, can it be traced? See more in the clip now.
 


 

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