Current outcome
The Coldcard hack aftermath now includes whitehat recovery efforts: 52.37 BTC has been moved to a recovery trust address, and victims can check via a designated website; the attacker's laundering activity continues, but some funds have been intercepted by whitehats and entered a recovery process.
Progress timeline
3 material updates- #01
- #02
Coldcard third-wave attacker moves 45% of stolen Bitcoin
Attacker moved funds via THORChain and CoinJoin; across all waves, 82% of stolen Bitcoin remains in original addresses; created 293 multisig vaults and moved funds from the 11 largest; identified a previously unknown vault likely holding another victim's funds.
State after update: The Coldcard Wave 3 exploiter has moved ~45% of stolen Bitcoin via THORChain and CoinJoin; across all waves, 82% of stolen funds remain in original addresses and 18% have been moved for laundering; the operation is ongoing and may have uncovered an additional victim.
Source evidence: Cointelegraph
- #03
Whitehats move 52 bitcoin from the Coldcard hack to a recovery trust
Whitehats moved 52.37 BTC from the Coldcard hack to a newly formed recovery trust; roughly 40% of Wave 2 funds identified as whitehat activity; victims can check cryptorecoverytrust.com to see if funds were recovered; an additional 3.0134 BTC with no prior tracking history flowed to the same address.
State after update: The Coldcard hack aftermath now includes whitehat recovery efforts: 52.37 BTC has been moved to a recovery trust address, and victims can check via a designated website; the attacker's laundering activity continues, but some funds have been intercepted by whitehats and entered a recovery process.
Source evidence: CoinDesk · Cointelegraph