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Losses Climb to $112m: State of Coldcard Investigation - Alex Thorn

stackernews-losses-climb-112m-state-investigation

https://stacker.news/items/1548121

Organisation
Stacker News
Evidence role
Community discussion
Published
2026-08-14
Source changes
0
Detected differences
1
Unreviewed
0
Copies held
2

Scoresby relays Galaxy Research's 14 August update on the Coldcard investigation: 190 victim contacts, 1,778.84 BTC ($112.7m) stolen from more than 8,600 addresses, and a possible total of 2,417.35 BTC ($153m) if unconfirmed Wave 4 thefts are included. The thread also notes that most stolen funds have remained unmoved, some movement through Coinjoin and peelchains, elevated small-exchange inflows after the incident, and BlackRock lowering the IBIT in-kind creation minimum. Held as a dated update to Galaxy's loss accounting. The figures are Galaxy's and are not independently verified here.

Every check is recorded, including checks that found no text change. A detected edit is therefore bounded between two checks. The publisher's exact save time is not observable from this record. Last checked .

  1. Earliest copy held
    seen · Captured here 4,794 chars
    Extracted text as captured
    {
      "data": {
        "item": {
          "comments": {
            "comments": [
              {
                "createdAt": "2026-08-14T18:24:29.037Z",
                "text": "> The era of “contributing” to Bitcoin and converting people into bitcoiners solely through philosophical explanations, memetic platitudes, and, frankly, s**tposting, is over. Bitociners need to do more: audit more code, educate more clearly and effectively, and be less judgmental of newcomers who may not feel technologically capable of securing their own coins.\n\nI wonder how many people who lost funds were the type to make those \"contributions\".  I wonder how many of them have told others to \"Have fun staying poor\"",
                "user": {
                  "name": "SimpleStacker"
                }
              },
              {
                "createdAt": "2026-08-14T18:09:22.587Z",
                "text": "Huge hit to self-custody. You think the losses are higher or are the numbers real? The seller's gotta take the hit for this!",
                "user": {
                  "name": "jakoyoh629"
                }
              },
              {
                "createdAt": "2026-08-14T18:29:45.071Z",
                "text": "Was it North Korea?\n\n![](https://m.stacker.news/152310)\n\nThey have the skills base and experience.",
                "user": {
                  "name": "Solomonsatoshi"
                }
              },
              {
                "createdAt": "2026-08-14T18:30:55.290Z",
                "text": "Definitely a wake-up call for Bitcoin security. The numbers are rough, but hopefully this pushes better education and security practices across the ecosystem.",
                "user": {
                  "name": "ditchondominic"
                }
              },
              {
                "createdAt": "2026-08-14T18:25:38.049Z",
                "text": ".",
                "user": {
                  "name": "Solomonsatoshi"
                }
              },

    Excerpt only. The complete copy is held offline and backs quotations on this site. The original publication remains the canonical public source.

1 presentation-noise difference. Sidebar, ticker and other page chrome churn that our review classified as not being a change to what the source says.
  • +6 -6 Only the display order of two existing comments swapped; their text and timestamps were unchanged.
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