Bullish

1,159 BTC Stolen in COLDCARD Hack Remain Frozen While Smaller Funds Are Being Washed

2026-08-06 05:37

Major COLDCARD theft of 1,159 BTC stays untouched across seven addresses. Meanwhile, a separate actor moves 64 BTC through mixers in transparent, traceable batches.

Woofun AI data shows that the largest known COLDCARD theft involving 1,159 BTC remains frozen across seven attacker addresses, with zero funds moved or mixed. Although the initial theft occurred within 41 minutes, law enforcement and exchanges have flagged approximately 600 associated addresses.

Concurrently, a smaller-scale operator has begun laundering funds, sending 64 BTC into mixers. Only about 10 BTC completed mixing initially, while 54 BTC returned as change and were split into outputs of roughly 7 BTC each for further processing. Analysts indicate these large outputs remain easily traceable, rendering the cleaning attempt highly transparent.

WOOFUN AI

Impact Assessment · Quick Read

The immobilization of the primary 1,159 BTC stash suggests successful early intervention by security firms and exchanges, limiting immediate market supply shock. However, the active laundering of smaller batches indicates persistent operational risk for hardware wallet users. The transparency of the current mixing strategy implies that law enforcement may still recover these secondary funds before they achieve anonymity.
Generated by WOOFUN AI · For reference only, not investment advice

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