Asset loss recovery policy

Definition

A deposit of ERC-20 USDT to a TT20-USDT address is considered as a cross-chain deposit.

About token recovery

Token recovery in a cross-chain deposit is a highly complex, manual procedure and ThunderCore cannot always guarantee a successful outcome. Most deposits to incorrect addresses are NOT recoverable.

ThunderCore informs and urges all customers to exercise extreme care and caution when depositing tokens. It is the customer’s responsibility to ensure that the transfer of assets to a ThunderCore Hub is done correctly.

Recovery procedures

Asset recovery requests may be submitted for amounts exceeding $1,000 equivalent at the time of the transaction, subject to the following procedures:

• ThunderCore will initially evaluate and assess if the recovery is feasible. If after this evaluation, recovery is deemed not to be viable, at ThunderCore’s sole and absolute discretion, the tokens will not be recovered. This evaluation is final. If it is decided that a recovery will be tried, ThunderCore will attempt a recovery, but a successful outcome is not and cannot be guaranteed.
• There is no time frame or time limit for any discretionary recovery process to be undertaken by ThunderCore, so please be patient. Please do not contact us; wait to be notified. There are no possible updates that ThunderCore can or will communicate before the process is completed.

Deposits of unsupported tokens (including tokens on the incorrect chain) are not recoverable.

Submit a recovery request

If you wish to submit a recovery request, please contact Support, providing the following:

1. Token name;
2. Deposit address;
3. Desired recovery address;
4. Amount;
5. Transaction ID or hash; and,
6. Transaction screenshot;

If necessary, users may need to submit other relevant certificates according to the needs of ThunderCore.