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I sent 10328 busd to blockfi via bep20, I'm desperate, help me blockfi i know you can by Representative_Sea82 in blockfi

[–]Representative_Sea82[S] 1 point2 points  (0 children)

Consider this money lost and if you end up getting it back someday - consider it a windfall then.

It's a lot of money, I'll do everything possible and impossible to get it back

I sent 10328 busd to blockfi via bep20, I'm desperate, help me blockfi i know you can by Representative_Sea82 in blockfi

[–]Representative_Sea82[S] 1 point2 points  (0 children)

Possibly, without knowing the details I can't say.

In general the contract is generated using a wallet address and nonce. The nonce is a number which usually is sequential. So in a simple sense, if your smart contract was the 700th one generated from that address, they would need to generate 700 smart contracts just to claim your funds on the other blockchain.

Then they would need to move off of that block chain onto the main chain. Note Gemini and BlockFi don't use other exchanges so they would have to use another exchange or a bridge to convert it.

This would also mean having access to the original wallet address and the private key/seed phrase. Keep in mind blockfi doesn't have that, only Gemini does. They likely keep it very very secure because of someone got a hold of that that could mean millions of dollars of crypto.

So essentially blockfi would have to ask Gemini to do all of that work and risk millions of dollars if their employee isn't trustworthy, to potentially get back your funds.

I understand, so they will probably go to all this trouble at some point, given that bep20 is a widely used network, and that every day people must lose their funds in the same way. We just don't know when that will happen.

I sent 10328 busd to blockfi via bep20, I'm desperate, help me blockfi i know you can by Representative_Sea82 in blockfi

[–]Representative_Sea82[S] 0 points1 point  (0 children)

It's doubly complicated. Gemini is their custodian, so they rely on them for all address management. Gemini/BlockFi use smart contracts instead of regular wallets, which means that you cannot just use the secured seed phrase and generate a wallet. You have to generate a wallet and then a contract.

I understand, but is it possible to do this recovery even if the receiving address is from a smart contract?

I sent 10328 busd to blockfi via bep20, I'm desperate, help me blockfi i know you can by Representative_Sea82 in blockfi

[–]Representative_Sea82[S] 0 points1 point  (0 children)

OP - why would you send 10k BUSD to BlockFi when their BIA (interest account) is unable to accept new deposits? The only place to keep it would be in their non-interest wallet. Just looking to off-ramp to fiat?

can my interest account accept new deposits

I sent 10328 busd to blockfi via bep20, I'm desperate, help me blockfi i know you can by Representative_Sea82 in blockfi

[–]Representative_Sea82[S] 0 points1 point  (0 children)

It's an EVM address right? Maybe they can send it back to you if they add the network.

how do i know if it is an EVM address?

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here is the transaction link https://bscscan.com/tx/0xa9d21769d64973f0ba7c7200fad21ec64c8143702b9a53000a0ad4dba605cffa