If the FBI Knows the Coldcard Hacker, Why Haven’t the Bitcoins Been Recovered?
- Identifying the Coldcard attacker may help locate stolen BTC but does not ensure recovery.
- More than 1,000 BTC from Wave 1 remains linked to three addresses under investigation.
- Victims still face uncertainty over how recovered BTC would be returned or allocated.
For victims of the 2026 Coldcard hack, the biggest question is no longer only who stole their Bitcoin, but whether they can ever get it back. Investigators may have a lead on the attacker behind the first wave, while more than 1,000 BTC linked to that attack remains in addresses controlled by the suspected operator.
Block’s investigation found that the operator used a paid account with a blockchain-services provider during the theft, and the provider’s internal logs reportedly matched the attacker’s request patterns. Block said it shared the information with authorities.
Does Identifying the Coldc…
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