Coldcard Wallet Hack Leaves Users Reeling After Losing ₹15 Crore Worth of BTC
Coldcard wallet users have reported losing significant amounts of Bitcoin after a hack exploiting a seed flaw in the wallets. The losses amount to Rs 15 crore worth of Bitcoin, which was stolen in just seven minutes.
Jonathan Goodman is one such user who lost a lifetime investment in the hack. According to Goodman, he had linked his Coldcard wallet to 1,367 BTC, but after the hack, all his funds were gone.
The hack has raised concerns about the security of Coldcard wallets and their reliance on seed phrases for authentication. Users are being advised to be cautious when using these wallets and to take immediate action to secure their funds.