White hats recover 52.37 BTC from Coldcard exploit
White-hat researchers secured 52.37 BTC, worth more than $4.5 million, after a series of attacks on Coldcard hardware wallets and transferred the coins into the Crypto Recovery Trust for verified victims to reclaim. Galaxy Digital tracked about 1,789.28 BTC, roughly $154.1 million, tied to the exploit. CoinKite traced the root cause to a firmware bug that produced weak seed generation, letting attackers identify predictable wallet credentials. CoinKite urged users to update firmware or move funds. investigators continue tracing addresses while the Wyoming trust verifies ownership claims before returning assets.
Recovered 52.37 BTC are held for verified victim claims
Context
A firmware bug caused weak seed generation in some Coldcard devices. Attackers used predictable seed data to access wallets. The rescued Bitcoin now sits in a Wyoming trust while claims are verified.
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