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Investigators Trace Stolen Bitcoin Linked to Coldcard Hack Thumbnail
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Investigators Trace Stolen Bitcoin Linked to Coldcard Hack

High Conviction

Investigators are tracing stolen Bitcoin tied to the Coldcard hack, an exploit that ranks as the largest hardware wallet breach of 2026 and drained roughly $116 million from affected users. The focus now is on following the fund movement on-chain and understanding what recovery, if any, is realistically possible.

Thiago Alvarez3 min readAug 11, 2026
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