Coldcard Hack Funds Move Through THORChain to Ethereum
A stash of 20.5 Bitcoin linked to the 2026 Coldcard hardware wallet theft was moved through 34 THORChain swaps into Ethereum on September 2 and 3.
Most of the funds ended up in one Ethereum address, which later showed a small outgoing transaction of about 5 ETH, marking the first activity since the theft.
However, over 1,400 BTC from the theft remain untouched in identified addresses.