Coldcard Hackers Hide Stolen Funds with Cryptocurrency Mixers
Coldcard hackers have sent $4.17 million in Bitcoin and $380,000 in Ether to cryptocurrency mixers.
The transfers were made using Wasabi and Tornado Cash protocols, which scramble transactions to break the publicly traceable on-chain link between senders and recipients.
This makes it difficult to track the stolen funds, decreasing the chances of asset recovery.