#coldcardtheftinvestigationadvances
🕵️♂️ Investigations into the Coldcard theft suggest the attacker used a paid blockchain data account. Imagine paying a subscription just to leave a digital trail for law enforcement!
💰 Recovery? About 1,082 BTC (~$118 million) is still sitting in known addresses. While the funds are there, moving them without being detected is the biggest challenge.
🏢 Lawsuits? Discussions are increasing about the manufacturer’s responsibility for firmware vulnerabilities, with exploration of potential legal remedies.
🚨 Identity: Reports indicate that law enforcement may already know who is behind the first wave. However, the later attacks involving another 2,000 BTC are more opaque.
📉 What’s the play: Update the firmware and move the funds if the seeds were generated using old code.
⚠️ Not financial advice.
Please follow up
#Coldcard #bitcoin #CryptoSecurity
$BTC
🕵️♂️ Investigations into the Coldcard theft suggest the attacker used a paid blockchain data account. Imagine paying a subscription just to leave a digital trail for law enforcement!
💰 Recovery? About 1,082 BTC (~$118 million) is still sitting in known addresses. While the funds are there, moving them without being detected is the biggest challenge.
🏢 Lawsuits? Discussions are increasing about the manufacturer’s responsibility for firmware vulnerabilities, with exploration of potential legal remedies.
🚨 Identity: Reports indicate that law enforcement may already know who is behind the first wave. However, the later attacks involving another 2,000 BTC are more opaque.
📉 What’s the play: Update the firmware and move the funds if the seeds were generated using old code.
⚠️ Not financial advice.
Please follow up
#Coldcard #bitcoin #CryptoSecurity
$BTC