Coldcard Exploiter Moves $7.7 Million in Stolen Bitcoin

An attacker has successfully moved $7.7 million worth of Bitcoin linked to the third wave of Coldcard wallet thefts. Reports confirm that the hacker has now drained the 11 largest vaults associated with this specific campaign. This total represents 45 percent of all Bitcoin lost during this latest round of security breaches.

The movement of these funds indicates that the exploiter is actively laundering the stolen assets. Such activity often signals that the stolen coins are being moved through various mixers or exchanges to hide their origin. Security analysts are tracking these transfers closely to see if any platforms can intercept or flag the movement.

This situation serves as a serious reminder for hardware wallet users to remain vigilant. If you use a Coldcard device, make sure your firmware is up to date and follow all recommended security practices to protect your assets. Investors should continue to monitor reports for any updates on how these funds are being tracked or if recovery efforts gain any traction.