SecondFi Talk Say Dem Don Transfer Over 100 Million ADA Through Recovery Tool

SecondFi, the EMURGO wallet wey before dem dey call Yoroi, report on October 20 say im recovery tool don transfer pass 100 million ADA and 22 million NIGHT through requests wey dem verify and process successfully. After those transfers, the company plan to automate the fulfillment through im recovery smart contract.

Recovery Figures Cover Completed Transfers

Dem open the tool on October 7 after SecondFi June security incident. The totals wey dem report na assets wey don reach destination addresses, no be the ones wey people just submit or still dey pending.

The update no separate the funds wey dem secure during emergency response from compensation for assets wey attackers take. Because of that, the total number no fit show exactly how much stolen property don get reimbursement.

SecondFi still no disclose the total eligible balance wey still dey wait for transfer. The recovery program dey go on the same time as SecondFi and Yoroi closure, and dem get separate procedure for recovering affected assets and to migrate balances wey still dey inside users wallets.

SecondFi Plans Automated Fulfillment

The company plan to fully automate the fulfillment through the recovery smart contract “in the coming days,” as dem talk for their announcement. Dem no give activation date.

The recovery FAQ wey dem publish presently advise make people allow up to five working days for processing after dem submit validated request.

Users go verify say dem control the affected wallet, review the eligible assets wey the tool identify, and choose new Cardano wallet as destination. Eligibility depend on incident records, relevant snapshots, asset availability, and the recovery terms.

To submit request no mean say verification or processing don complete. Transfers still depend on those checks and any technical restrictions wey apply.

Midnight Allocations Remain With Original Wallets

SecondFi report say dem don contact the Midnight Foundation about airdrop allocations wey link to affected wallets. Under the claiming arrangements wey apply, those allocations still remain with the original wallets.

To recover existing assets enter new wallet no go change where future Glacier Drop distributions go go.

The company acknowledge independent tools wey community members develop but talk say those ones no dey inside their official recovery process. External DeFi positions too go follow the circumstances and the options wey each protocol get.

Users wey don submit requests no need do any other thing unless official instructions talk so. Dem fit check their recovery status with the new destination address, and the compromised wallet still no safe to reuse.