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White hats move over $4.5 million in Bitcoin from Coldcard to recovery trust

Bitcoin Magazine ·

White hat hackers have transferred 52.37 BTC, valued at over $4.5 million, from compromised Coldcard hardware wallets to the Crypto Recovery Trust in Wyoming. The funds were secured to protect potential victims of a firmware vulnerability that allowed for the prediction of seed phrases. Galaxy Digital reported that approximately 1,789.28 BTC were lost in the exploit, which stemmed from a flaw in Coinkite's pseudorandom number generator.

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Summaries are written by AI from the original article. Not investment advice.

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