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Topic: I did very serious mistake. Sent USDT to USDC address. - page 2. (Read 276 times)

copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
I sent the 10K USDT to the USDC Coinbase Commerce merchant account for the goods and merchant told me that they have mnemonic phase of wallet, There is any possibility to recover from there?
So this is a merchant address huh. Idk how coinbase commerce account works but If the merchant told you that they have the mnemonic phrase which I assume the recovery seed of the address then I guess there's still a way to recovered those usdc, only if the merchant do the work, though expect its too technical.
copper member
Activity: 58
Merit: 5
Thanks you for your suggestion. I sent the 10K USDT to the USDC Coinbase Commerce merchant account for the goods and merchant told me that they have mnemonic phase of wallet, There is any possibility to recover from there?

It's guaranteed that they will have the private keys of the wallet. The question is, if they will go out of their way to help you or not. Because it's not just as simple as grabbing the private keys and importing it to MEW and sending you the funds.

Since 10k is a good amount of money though, I'm guessing that they'll probably help you.

My merchant (Payment receiver) have mnemonic phase, Can he recover from his side?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Thanks you for your suggestion. I sent the 10K USDT to the USDC Coinbase Commerce merchant account for the goods and merchant told me that they have mnemonic phase of wallet, There is any possibility to recover from there?

It's guaranteed that they will have the private keys of the wallet. The question is, if they will go out of their way to help you or not. Because it's not just as simple as grabbing the private keys and importing it to MEW and sending you the funds.

Since 10k is a good amount of money though, I'm guessing that they'll probably help you.
copper member
Activity: 58
Merit: 5
Thanks you for your suggestion. I sent the 10K USDT to the USDC Coinbase Commerce merchant account for the goods and merchant told me that they have mnemonic phase of wallet, There is any possibility to recover from there?
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
I sent the USDT from Gate.io to Coinbase USDC address by mistakenly, Is there any way to recover it. I am really worried and help will be highly appreciate.

Recovery cases don't always turn out fine and I'm not even sure Coinbase undertakes the recovery process for their users.
Coinbase states on multiple sections of their website that :

Quote
In the event you send funds to the incorrect address, Coinbase Wallet will not be able to recover funds.


That notwithstanding, I suggest you still try to contact Coinbase team to see if they can help you out which I doubt but it's worth giving it a try. I've only seen a few exchanges that undertakes recovery for their users and it only when it's a large sum so they can get a fee for doing it.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
There's nothing you can do but to message Coinbase and tell them what happened. Though I'm not sure if they would actually end up helping you, but at this point, you have nothing to lose by at least trying.

https://help.coinbase.com/

Regardless if you get back your funds or not, make this be a lesson to you to not be extremely careless when making transactions.
copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
Is there any way to recover it. I am really worried and help will be highly appreciate.
Yes, there is. But you should message coinbase regarding this issue since they have the control of the usdc address and they are the only one who can help you.

This is a rare case and expect this will be solved for a longer time or maybe not. Can you tell us the amount you've sent? Coz it matter when resolving such case.
copper member
Activity: 58
Merit: 5
I sent the USDT from Gate.io to Coinbase USDC address by mistakenly, Is there any way to recover it. I am really worried and help will be highly appreciate.
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