White Hat hacker took the first step, successfully transferred 52 cards Bitcoin , resolved Coldcard crisis

Summary of the event: White Hat funds officially enter repatriation channels

According to information posted on the X platform by Alex Thorn, director of research at Galaxy Digital on Monday, the White Hat hackers have transferred Bitcoin , which was previously rescued from a cold-card vulnerability exposed wallet, to an address in a trust dedicated to returning funds to victims.

The total number of Bitcoin s transferred was 52.37, with the recipient being wallet address controlled by crypto Recovery Trust, located at United States Wyoming. Thorn noted that in a second batch related to Bitcoin , about 40% of funds had been moved first by White Hatters to prevent them from falling into the hands of attackers.

This progress means that assets previously at risk are now entering the formal liquidation and return process, which is an important milestone for affected users.

Source of some funds not yet confirmed

Thorn added in the tweet that 3,0134 Bitcoin s were transferred from Galaxy to previously untraced addresses. He said these funds are also speculated to have been rescued from wallets affected by a cold card vulnerability, but Galaxy could not verify their exact source for now.

Nick Bax, a security researcher and member of the SEAL 911 emergency response team who helped rescue about 50 Bitcoin s in late July, revealed on September 9 that funds were about to be stolen due to cold-card vulnerabilities.

Scope and self-examination

Thorn cited publicly available data that the total number of Bitcoin s associated with cold card vulnerabilities was 1,830 distributed across 9,162 addresses.

For potentially affected users, it is possible to access official website of the crypto Recovery Trust by entering their own wallet address and inquiring whether or not their funds have been controlled by the trust. This provides a publicly transparent self-checking channel for potential victims.

Cointelegraph has sent a request for comment to Thorn on the matter, but as of this writing there is no response.

It is worth noting that it was previously reported that the third wave of cold-card attackers had transferred 45% of their Bitcoin stolen, indicating a continuous struggle for funds between the attacker and White Hat.

This is a risky suggestion, but it's worth considering. . . . This article is for informational purposes only and does not constitute any investment advice. crypto asset High risk, please do your own research and make a prudent decision