A significant event occurred in the crypto industry: StealthGate successfully recovered over $5.4 million in digital assets frozen on the Changelly platform. This case marks the first known recovery of a high-value asset that was blocked.
Details of the Incident with Changelly
The victim, an experienced Ledger Live user, initiated four USDT to BTC swaps in March 2025 using the Changelly integration. Each of these swaps, totaling $5.4 million, was correctly submitted and confirmed on-chain, but the Bitcoin was never delivered. The user faced silence from support despite all efforts.
Recovery Strategy
With no other options left, the victim turned to StealthGate, an incident recovery service. The StealthGate team conducted a technical analysis of blockchain data and interacted with the platform to identify where the swaps were blocked. This investigative effort led to the full $5.4 million being returned to the user's wallet within weeks.
Significance of Successful Recovery
This case establishes an important precedent in the crypto ecosystem. Despite the lack of comments from Changelly, the successful recovery of funds demonstrates that high-value cases are not dead ends and that with the right support, frozen funds can be recovered. It serves as a first sign of hope for many individuals caught in uncertainty.
StealthGate's success in recovering frozen funds on the Changelly platform serves as an important lesson for the crypto industry and users, showing that even in complex situations, solutions are possible.