The South Korean Bitcoin community appears to have suffered almost no direct losses from the , despite the devices being popular among experienced local holders. The incident was linked to a flaw in the random-number generation used by certain Coldcard models, which reportedly exposed some seed phrases to attackers. Coldcard manufacturer Coinkite responded by destroying remaining batches of vulnerable devices and urging users to generate new seed phrases. He pointed instead to a long-standing habit among Korean Bitcoin users of generating seed phrases independently rather than fully trusting a hardware wallet’s built-in randomness. When a product becomes widely accepted inside a technically sophisticated community, users may become less likely to question assumptions about its security.