[jonny_eh]

> there is no legal recourse to recover those funds and companies resort to asking nicely for the money back

Yes there is, there are courts. There's a long history of error corrections being forced. That is if it's clearly an error.

https://www.ncconsumer.org/news-articles-eg/using-money-mist...

[Smashure]

Crypto is international. Courts are terrible with that scenario.

Pretty hard for US courts to make a random person across the globe give up their wallets.

Also, banks can be court ordered to hold funds. Crypto doesn’t have that.