Legal X Approach
Last updated
Last updated
Legal X collaborates with prominent judgment recovery firms to implement court-issued judgments. After securing a judgment on our behalf, these collection agencies undertake the essential asset seizures to recover misappropriated funds, which will subsequently be returned to our token holders.
Key steps include:
Tracing digital assets
Enforcing legal judgments
Recovering debts for victims
Transparency for Holders
Our recovery process is entirely transparent. A public dashboard will allow holders to:
Track the progress of recovery efforts
Monitor updates in real time
Any recovered funds from judgment recovery and asset sells will be publicly announced ahead of time allowing our holders to position themselves accordingly.
100% of the recovered funds from asset sells, minus collection fees, are returned to holders through buy back/burns, aligning our mission with increasing the value of the $LEGAL token.
By exerting significant legal pressure on scammers, we aim to restore value to victims and set a precedent to discourage fraudulent activities in the cryptocurrency space.
