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It is reversible. If you make a mistake like this oftentimes you can rely on law enforcement/bank to force the money to be given back. Not sure if this is possi

It is reversible. If you make a mistake like this oftentimes you can rely on law enforcement/bank to force the money to be given back. Not sure if this is possible with crypto.

rootsudo 6y ago
If anyone read, it was reversed at 50% the cost.
- Hamuko 6y ago
  It wasn't reversed. The beneficiary just agreed to give half of it back.
  - TomMarius 6y ago
    Same as with bank accounts and transfers.
    - Hamuko 6y ago
      Pretty sure I'm not just at the beneficiary's whim when it comes to bank transfers.
      - TomMarius 6y ago
        As soon as it is out of country, it is up to them - there is no one who could force them.
everfree 6y ago
Often it's not reversible in practice, if the destination bank/jurisdiction is not cooperative. This is why you hear people losing their life savings to scammers in Nigeria, instead of just successfully suing them to get it back.
- crimsonalucard1 6y ago
  Yeah but usually that's not the case. Usually you can get it back. I would say more often than not it's reversible.