Over 50 BTC recovered from COLDCARD entropy vulnerability wallets

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DART has recovered over 50 BTC from wallets impacted by the COLDCARD entropy vulnerability, securing the funds under CFT protocols before malicious actors could act. The BTC has been transferred to the Wyoming-registered Crypto Recovery Trust, which will manage ownership verification and legal restitution. As BTC continues to be regarded as a hedge against inflation, the trust will ensure compliance and transparency. The white-hat researchers involved in the recovery did not seek a bounty. DART is still reviewing other vulnerable assets.

ChainCatcher report, according to Bitcoin News monitoring, DART stated that it has successfully recovered over 50 BTC from wallets affected by the COLDCARD entropy vulnerability, transferring them before malicious actors could steal them. DART is a digital asset recovery organization that collaborates with white-hat researchers to protect vulnerable funds and coordinate their lawful return to owners. The white-hat researchers did not request a bounty and will return the bitcoins to their rightful owners. The recovered BTC has been transferred to the Crypto Recovery Trust. This trust is a dedicated statutory trust established under Wyoming state law to hold recovered digital assets and return them upon verification and confirmation of legitimate ownership. The trust will document the recovery process, segregate the BTC from DART’s and the researchers’ funds, conduct blockchain analysis, ownership verification, and sanctions screening, and provide a lawful return process for verified owners. In cases of disputed ownership or if the funds are linked to sanctions or criminal proceedings, the BTC will be handled in accordance with applicable legal procedures. DART stated that other vulnerable assets and recovery leads are currently under review.

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