COLDCARD Hack Losses Exceed $100 Million Amid Ongoing Investigation

The COLDCARD security incident has resulted in over $100 million in losses, according to Galaxy Research. The investigation has confirmed that 1,596 Bitcoin were stolen from compromised wallets.

The total financial impact could eventually reach approximately $130 million as investigators continue tracing wallet activity and identifying additional compromised funds.

The incident highlights the growing sophistication of cybercriminals targeting digital assets and raises concerns about wallet security and operational safeguards.