Jonathan Goodman lost over 18 $BTC—savings meant for his family—in the Coldcard hardware wallet hack. Despite the loss, he's not angry and sees it as a test to rebuild.
Key details:
• Trusted a single device with three backups, all compromised by the same flaw
• Police put him on hold for an hour; detectives offered little help
• Watched the hacker move his coins in real time
• Class action lawsuits are forming, but he's focused on moving forward
• Writing a book about the experience and lessons learned
Goodman's take: "It's lit a fire under me to rebuild the savings for my children. Prove yourself. You did this once. See if you can do it again."
He still believes in self-custody but acknowledges the risks most people don't plan for. The critical error? A vulnerability in the hardware that affected $100M+ in losses across users.
Key details:
• Trusted a single device with three backups, all compromised by the same flaw
• Police put him on hold for an hour; detectives offered little help
• Watched the hacker move his coins in real time
• Class action lawsuits are forming, but he's focused on moving forward
• Writing a book about the experience and lessons learned
Goodman's take: "It's lit a fire under me to rebuild the savings for my children. Prove yourself. You did this once. See if you can do it again."
He still believes in self-custody but acknowledges the risks most people don't plan for. The critical error? A vulnerability in the hardware that affected $100M+ in losses across users.