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Coldcard Exploit Funds Worth $4.5 Million Sent Through…
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FinanceFeeds
Separately, an attacker converted stolen Bitcoin into about 200 Ether through THORChain before sending the funds, valued at roughly $380,000, to Tornado Cash on Wednesday.
The Coldcard exploit drained at least $100 million in Bitcoin across three confirmed attack waves involving about 7,300 victim wallets.
Blockchain tracing showed that most of the stolen assets remain concentrated in a limited number of attacker-controlled addresses.
The concentration of most stolen assets in a small group of visible addresses gives investigators a window to track future movements.
That case showed how stolen funds can generate revenue for the protocols used to move them.