How long does it typically take for a blockchain transaction to be reversed and stolen funds returned?

1 answers

• Marijan PatarićDec 04, 2023 · 2 years ago
  At BYDFi, we understand the frustration that comes with stolen funds and we take security very seriously. While we cannot speak for other blockchain networks, on our platform, we have implemented robust security measures to minimize the risk of theft and ensure the safety of our users' funds. In the event that a transaction is suspected to be fraudulent or if funds are stolen, we have a dedicated team that investigates the incident and works diligently to recover the funds. The time it takes for this process can vary depending on the complexity of the case and the cooperation of external parties, such as law enforcement agencies. However, we strive to resolve such issues as quickly as possible and keep our users informed throughout the process.
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