Coldcard hackers leave 87% of stolen Bitcoin unmoved after $114M theft

security

Attackers stole about $114 million in Bitcoin in a Coldcard-related compromise, yet roughly 87% of the stolen coins remain unmoved in the original addresses. The dormancy improves traceability and gives law enforcement and chain analysts time to trace and potentially recover funds via exchange cooperation, while also preserving the risk of a delayed liquidity event if perpetrators move coins later. The incident highlights persistent vulnerabilities in the hardware-wallet ecosystem and underscores the need for stronger device security and better user operational practices.

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