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Coldcard Theft Case Update: FBI May Have Identified First-Wave Attackers
Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.
The FBI may have identified the attackers behind the first wave of the July 2026 Coldcard hardware wallet exploit, which resulted in the theft of 1,082.65 BTC worth about $11.8 million, according to Bitcoin Magazine. Investigations by Block and Galaxy Research found that the attackers used a paid blockchain data provider while moving the stolen funds. The provider’s internal logs reportedly matched the attackers’ activity patterns. Investigators are still tracking other waves linked to the Coldcard exploit.
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