White hats transfer 52.37 BTC to trust for Coldcard victims

White hats transferred 52.37 Bitcoin from wallets exposed by a Coldcard vulnerability to an address controlled by Wyoming-based Crypto Recovery Trust, which was set up to return the funds to victims. Galaxy Digital head of research Alex Thorn reported the transfer in an X post on Monday. About 40% of the Bitcoin associated with the exploit's second wave was swept by white hats to protect victims' funds. Thorn said 3.0134 BTC in the transfer came from addresses Galaxy had not previously tracked. He said those funds were presumably also rescued from wallets affected by the Coldcard flaw, but Galaxy could not confirm their origin. Security researcher and SEAL 911 incident responder Nick Bax said on Sept. 9 that he helped rescue about 50 Bitcoin at the end of July because the funds were imminently going to be stolen due to the Coldcard entropy flaw. Thorn cited a published total of 1,830 BTC across 9,162 addresses linked to the Coldcard vulnerability. Potential victims can enter their wallet addresses on the Crypto Recovery Trust website to determine whether the trust controls their funds. Thorn did not immediately respond to a request for comment.