#ColdcardExploitFundsSentToMixers
🚨 The Hack Was Bad. Sending the Funds to Mixers Makes It Even Worse.
The wallets exploited in the Coldcard security breach are now reportedly sending stolen Bitcoin through crypto mixers, a move commonly used to make stolen funds harder to trace. Investigators estimate losses have grown to nearly $89 million, with attackers continuing to move funds after exploiting a flaw in vulnerable wallet firmware.
This isn't just another hack.
It's a reminder that self-custody is only as strong as the software protecting your keys.
By the time stolen coins reach mixers, recovery becomes dramatically more difficult.
In crypto, security isn't a feature. It's the investment. Lose that once, and price charts stop mattering.
#Bitcoin #CryptoSecurity #SelfCustody
🚨 The Hack Was Bad. Sending the Funds to Mixers Makes It Even Worse.
The wallets exploited in the Coldcard security breach are now reportedly sending stolen Bitcoin through crypto mixers, a move commonly used to make stolen funds harder to trace. Investigators estimate losses have grown to nearly $89 million, with attackers continuing to move funds after exploiting a flaw in vulnerable wallet firmware.
This isn't just another hack.
It's a reminder that self-custody is only as strong as the software protecting your keys.
By the time stolen coins reach mixers, recovery becomes dramatically more difficult.
In crypto, security isn't a feature. It's the investment. Lose that once, and price charts stop mattering.
#Bitcoin #CryptoSecurity #SelfCustody