Ethical Hackers Recover 52 BTC from Coldcard Vulnerability

Nearly two months after a firmware flaw led to the theft of over 1,800 BTC from Coldcard wallets, ethical hackers have recovered 52.37 BTC. These funds are now held in a Wyoming-based legal trust for return to owners. Galaxy Research indicates that whitehat hackers secured approximately 40% of the funds lost in the second wave of attacks. The vulnerability stemmed from predictable seed generation in the firmware, allowing attackers to guess keys via brute force.