What to do if you’re a Coldcard victim

NewsMon, 03 Aug 2026 17:51:44 UTC1 hour ago
What to do if you’re a Coldcard victim

More than 4,585 BTC wallet owners are victims of Coinkite’s firmware bug and its compromised Coldcard hardware wallets, including devices with and without passphrases.

At time of writing, no one has publicly confirmed the identity(ies) of the hacker(s).

If you’re a victim, it is important to take immediate action to protect any remaining funds and document your loss for legal and criminal procedures.

The flaw traces to faulty firmware (on-device software) on Coldcards from March 2021 through late last week. Thousands of customers bought and trusted the devices to secure untold sums of money.

Founder Rodolfo Novak, known as “NVK,” apologized on social media, saying, “I’m sorry and I’m devastated,” pledging Coinkite is “committed to working with affected users who want to pursue a police report, insurance claim, or their own investigation.”

Coldcard victims should report to law enforcement

US residents can always call their local police department to file a complaint. Formal local police reports are important for many reasons, since a report often precedes insurance claims or civil suits. 

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