Coldcard Bitcoin Theft Funds Move to Ethereum Through THORChain Swaps

TLDR A 20.5 BTC stash linked to the 2026 Coldcard hardware wallet theft moved through 34 THORChain swaps into Ethereum on September 2 and 3. Bitquery traced the funds from a “reported” attacker address tied to what it calls Wave 3 of the theft. Most of the traced value, 20.15 BTC, landed at one Ethereum [...]

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