ChainCatcher report, according to Cointelegraph, Galaxy Research has updated its tracking data on the Coldcard hardware wallet attack, confirming the theft of 1,789.28 BTC (worth approximately $114.7 million at the time of the incident) from 8,865 addresses. Alex Thorn, Head of Research at Galaxy, stated that 87.3% (approximately 1,561 BTC) of the stolen funds remain untouched in addresses controlled by the attacker, with all Bitcoin stolen in the first three waves still unmoved. Some Bitcoin from subsequent attacks have been transferred using CoinJoin mixing transactions and small-scale fragmentation. The statistics are based on 221 victim reports, covering a total loss of 790.72 BTC, with a median loss of 1.04 BTC per report—over half of the reports involved losses exceeding 1 BTC. Galaxy has shared the attacker’s addresses with exchanges, compliance firms, and law enforcement agencies in hopes of freezing the funds when they enter centralized intermediaries.
Galaxy Reports 1,789 BTC Stolen in Coldcard Hack, 87% Still Unmoved
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Summary
Today’s BTC news reveals that Galaxy Research has updated its tracking of the Coldcard hardware wallet hack, confirming that 1,789.28 BTC (approximately $114.7 million) were stolen from 8,865 addresses. Director Alex Thorn noted that 87.3% of the stolen BTC—around 1,561 coins—remains in wallets controlled by the attacker, with the earliest funds still untouched. Later-stolen BTC has been moved through CoinJoin and small-value splits. The data is based on 221 victim reports accounting for 790.72 BTC in losses, with a median loss of 1.04 BTC. Galaxy has shared the attacker’s wallet addresses with exchanges and law enforcement to assist in freezing funds on centralized platforms.
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