Bitcoin Evacuated to Wyoming Trust After Coldcard Exploit

VERA Brief

AI-generated. Grounded in the article and its cited sources.

White hat hackers intervened in a Coldcard exploit, recovering approximately 40% of the compromised Bitcoin. The recovered funds were moved to a Wyoming trust for the benefit of victims.

Key facts

• White hat hackers intervened in a Coldcard exploit.
• Approximately 40% of Bitcoin involved in the second wave of the exploit was recovered.
• The evacuated funds were transferred to a trust established in Wyoming.
• The trust is intended to compensate victims of the incident.
• The exploit targeted Coldcard hardware wallets.