LATEST: Coldcard user lost C$1.6 MILLION in BTC despite doing “everything right.”

Jonathan Goodman says he is filing a police report, but does not expect to recover anything.

After hearing about the hack on July 29, he checked his wallet and found that all 18.25 $BTC had been drained.

He said the device had never touched the internet and had been stored inside a safety deposit box.

“I did everything right. None of it mattered.”

Coldcard confirmed a flaw caused some wallets to create seed phrases that were easier for hackers to guess.

Total Bitcoin stolen may now exceed $109.6M.

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