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I read in their medium article about the wallets they can recover, the list is long and I think you can check it. In that article they also explained some wallets they cannot recover such as stolen funds or so because they funds would have been moved from one wallet to the other.
So how will KeychainX knows that the wallet is compromised or not? Maybe they could have a tool to confirm this which I don't know but I doubt if it's possible to access another person's wallet info if the person is not related to the owner or closed.
Recovery a wallet that that is owned by another different person might not be as easy as we think.
The truth is, I don’t think it is possible to try recovering wallets of a third party without their consent because it might be called stealing and I believe that, if a wallet must be recovered it should be a personally wallet and the third party recovery should only be on special cases like death of owner, medical issues and any other obvious reason justifiable by the team.
I also want to know if the team has any legal backings for their services incase there are cases that requires legal actions like maybe they recover a third party wallet unintentionally?
As you mentioned, recovering any third-party wallet without a client's consent can result in unexpected questioning and privacy looping, which would be known as potential theft. I believe you were advocating restricting third-party recovery to exceptional circumstances, such as death or medical issues. I think that was a wise observation you made because such events are very likely to occur quickly, and it would be crucial to make sure that their procedures are transparent, secure, and fully compliant with applicable laws and regulations for their best interests.
Yes you got my point clear and secondly, if third party recovery are not strictly defined and scrutinized, there are possibilities that people might just submit random wallets and I understand that they would need to prove ownership before recovery and trust me, there are several possible ways a person especially a potential scammer could claim ownership of a wallet and that why the team needs a legal backings for situations like this.
But regardless of all what I’ve said, the team needs to be careful while caring out their activities if they’re truly genuine.