Coldcard Hackers Transfer Millions to Crypto Mixers

Hackers involved in the Coldcard exploit have been transferring stolen funds to crypto mixers. According to CertiK, 64 Bitcoin valued at $4.17 million were sent from address bc1q0 to the Wasabi protocol, while 200 ETH worth $380,000 were transferred to Tornado Cash.

The transactions could correspond to secondary actors, with a CertiK spokesperson noting that 'there are probably several copycats following the initial exploit.'

The majority of the stolen funds remain concentrated in a small number of addresses controlled by the hackers, with mixing attempts occurring but remaining limited, according to TRM Labs.