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White hats move 52.37 BTC from Coldcard wallets to Crypto Recovery Trust

White hats moved 52.37 BTC from Coldcard-related wallets to Crypto Recovery Trust; 3.0134 BTC in the transfer has an uncertain Coldcard origin.

Why it matters

Owners can use Crypto Recovery Trust's public-address search to check whether recovered coins are linked to them, but any return still requires ownership verification. The three accounts describe no wider market, regulatory or company response.

Key facts

Alex Thorn linked 52.37 BTC in Coldcard-related clusters to white-hat recoveries held by Crypto Recovery Trust.

52.37 BTCReported by BTC-ECHO

Alex Thorn said white hats secured about 40% of the bitcoin moved in Coldcard's second attack wave.

40 %Reported by BTC-ECHO

Alex Thorn flagged 3.0134 BTC entering Crypto Recovery Trust from addresses Galaxy had not tracked and said its Coldcard origin remained uncertain.

3.013 BTCReported by BTC-ECHO

DART said in an Aug. 17 report that it and independent researchers had secured just over 50 BTC, according to its internal ledger, and placed the bitcoin with Crypto Recovery Trust.

50 BTCReported by CryptoSlate

BTC-ECHO reported that a random-number generation error made private keys created on affected Coldcard devices easier to calculate than intended.

Reported by BTC-ECHO

CryptoSlate said the trust's eligibility check accepts a public address, requires ownership verification after a match, and excludes seed phrases and private keys.

Reported by CryptoSlate

Block 967,948 contained a transaction that Mempool's status record marked as confirmed.

Reported by CryptoSlate

What happened

Galaxy Digital researcher Alex Thorn linked a 52.37 BTC transfer from Coldcard-related wallets to white-hat recoveries held by Crypto Recovery Trust. BTC-ECHO reported that Thorn estimated white hats secured about 40% of the bitcoin moved in Coldcard's second attack wave. CryptoSlate said DART's Aug. 17 report had already counted just over 50 BTC, so the later trust trace should not be treated as a second rescue. Thorn flagged 3.0134 BTC entering the trust from addresses Galaxy had not tracked; he considered them possible additional recoveries, but their Coldcard origin remained uncertain. Owners can search public addresses through the trust, but CryptoSlate said a match still requires ownership verification and no seed phrase or private key should be submitted.

How the story developed

  1. First report

    First report by BTC-ECHO

    Coldcard-Lücke: White Hats bringen 52 Bitcoin vor Angreifern in Sicherheit

    BTC-ECHO

  2. Update

    BTC-ECHO reports the trust transfer

    BTC-ECHO reported a 52.37 BTC transfer from Coldcard-affected wallets to Crypto Recovery Trust.

    BTC-ECHO

  3. Official statement

    Official statement from Bitcoin.com News

    White Hats Beat Coldcard Attackers, Rescuing Millions of Dollars in Bitcoin

    Bitcoin.com News

  4. Update

    CryptoSlate adds the victim claim portal

    CryptoSlate added a public-address claim check and said the trust trace should not be counted as a second rescue.

    CryptoSlate

How coverage built up

Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.

22 Sept, 13:083 independent sources24 Sept, 01:10
  • 22 Sept 2026, 13:08 UTC: BTC-ECHO — 1 independent source, 1 reports
  • 22 Sept 2026, 21:41 UTC: Bitcoin.com News, official — 2 independent sources, 2 reports
  • 24 Sept 2026, 01:10 UTC: CryptoSlate — 3 independent sources, 3 reports

Affected entities

Original sources