White-hat sweep begins for exploitable COLDCARD wallets

White-hat sweep begins for exploitable COLDCARD wallets

N
News Editor
2026-08-03 13:41:51
Odaily, citing monitoring from Bitcoin News, reported that @coinjoined said a white-hat sweep has started for exploitable COLDCARD wallets. The notice urged affected users not to destroy their devices if a wallet has already been compromised, saying the hardware could be required if a recovery process is later set up. It also said that if white-hat actors secure the bitcoins before users can move funds on their own, any future claim may depend on whether the claimant can prove ownership with the device and KYC records. Users who cannot verify ownership could face a much harder recovery path. The report did not provide additional operational details, timelines, or the size of assets involved.

Odaily reported, citing monitoring from Bitcoin News, that @coinjoined said a white-hat sweep has begun for exploitable COLDCARD wallets.

The notice said users should not destroy their devices if a COLDCARD has already been compromised. If a recovery process is established later, the device may be needed.

It also said that if white-hat actors secure the bitcoins before users move the funds themselves, any future claim may depend on the owner being able to prove ownership with the device and KYC records.

Users who cannot verify ownership may face a much more difficult recovery process.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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