SecondFi Completes Final Balance Snapshot After Incident, Expects Asset Returns in About Two Weeks

SecondFi, a Cardano wallet service provider, said it completed a final balance snapshot on June 26 as a reference record for subsequent asset recovery following an incident. According to Foresight News, the company posted an update on X outlining progress on restoring affected funds. SecondFi said its engineering and security teams have finished balance verification and assessed the recovery mechanism. It expects to begin returning assets in about two weeks, with roughly one week allocated to implementing the solution and another week for testing and review, though the timeline may change depending on progress. The company said it will resume operations only after confirming platform security and completing all security reviews. It added that users only need to submit requests through support tickets and do not need to take other actions at this time.