Coldcard Thief Moves Stolen Bitcoin via THORChain

A recent security incident involving Coldcard wallets has taken a new turn. Investigators from Galaxy have discovered that the attacker has successfully moved 45 percent of the stolen Bitcoin. The funds were funneled through THORChain and CoinJoin services to hide the trail.

This movement of assets highlights how attackers use decentralized protocols to obscure their tracks. By using these specific tools, the thief makes it difficult for authorities and exchanges to freeze the stolen digital currency.

Security experts warn that this situation shows why users must remain vigilant with their storage practices. Watching how these funds move across the blockchain remains a key priority for tracking the perpetrator.