Coldcard third-wave attacker moves 45% of stolen Bitcoin

macro

The actor behind the third wave of Coldcard hardware-wallet thefts has transferred roughly 45% of the stolen Bitcoin into new addresses and intermediary services, signaling active laundering. That movement complicates recovery and on-chain tracing while increasing the likelihood the attacker will monetize holdings, which could create localized sell pressure. Exchanges, law enforcement and victims should intensify monitoring and address‑blocking to limit cash‑out avenues and mitigate losses.

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