What happens to Multi Sig Hansa Funds?

What happens to Multi Sig Hansa Funds which were in escrow ? how can a small vendor can retrieve those funds safely ?


Comments


[3 Points] DNMTiger:

i think they are gone w them re routing everything to their wallets but i remember seeing a post that through some process after 3 months people could retrieve it if they had pulled some file off hansa before it went down


[6 Points] lovelylittlegangster:

It's too late to be asking this question, you needed to download timelock file from Hansa which would allow release your funds after 90 days. Without the timelock file all your funds are gone.

LE rerouted funds from the 17-20 July into their own wallet by changing the buyer's key in multisig transactions to one they owned. Only transactions from before that time will be accessable after 90 days.


[1 Points] MONEYCASHSHOES:

DNP have free donuts for life.


[1 Points] Dontworrybeready:

If you downloaded the timelocked tx file while from Hansa and the payment was made before 17/07 then the process is easy. Payments made after that date are already with LE.

Without the timelocked tx you need

1.) to be able to contact the buyer

2.) the buyer must have his bitcoin priv key and willing to help you

3.) the redeemscript is also needed

All the above is needed to get the coins. If you or the buyer didn't save the redeemscript, there's some way to recreate it if you had at least one successful withdrawa on Hansa in the past.

I'm still trying to find out if Hansa used the same pub key for every vendor, or they used a different key for everyone. See this thread


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