White hats outrun Coldcard hackers in 52-Bitcoin evacuation

White hats secured about 40% of the Bitcoin moved in the Coldcard exploit’s second wave, transferring it to a Wyoming trust for victims.

White hats have transferred Bitcoin they rescued from wallets exposed by a Coldcard vulnerability to a trust set up to return the funds to victims.

A total of 52.37 Bitcoin was moved to an address controlled by Wyoming-based Crypto Recovery Trust, Galaxy Digital head of research Alex Thorn said in an X post on Monday. About 40% of the Bitcoin associated with the second wave was swept by white hats to protect victims’ funds.

Thorn said 3.0134 BTC included in the transfer came from addresses Galaxy had not previously tracked. He said the funds were presumably also rescued from wallets affected by the Coldcard flaw, but that Galaxy could not confirm their origin.

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