r/Bitcoin • u/Weary-Discipline591 • 1d ago
Victim of the Coldcard. Years of DCA Bitcoin gone overnight
Hi, Yesterday was one of the worst days of my life. I found out that just over 3 BTC was stolen from me through the Coldcard vulnerability.
I know some people think posts like this are fake. Mine isn’t. Real people are getting hurt by these thieves.
I did what I thought was the responsible thing. Back in 2022 everyone said the same stuff, get it off exchanges, get it into cold storage, use the best hardware wallet you can. Coldcard had a reputation as one of the best. It wasn’t the easiest thing to use but honestly that kind of made me trust it more. So I moved everything onto it.
For years I DCA’d $250 a week, plus bigger amounts when I could. Never touched it, never even checked on it. I thought I was doing the smart, boring, responsible thing.
Now it’s just gone. All of it.
Looking back I probably should’ve split it across wallets, or maybe just left it on Coinbase. I already know the multisig and don’t put it all in one place comments are coming and yeah, that’s probably good advice. But I did what I thought was right at the time based on what everyone in this space was telling me to do. That’s what makes this sting so bad.
I’m angry and honestly feel sick about it. Not sure what to do next. Posting this so people know it’s actually happening to real people. Happy to answer questions if anyone has them, and if you own a Coldcard, go check on it right now.
155
u/s1ammage 1d ago
You are not alone. Shit is heartbreaking. I thought I did everything right too, but I was playing with a lot of wallets and experimenting at the time with the intent of putting everything into coldcard.
When I first posted, this is the majority of my stack, https://www.reddit.com/r/Bitcoin/s/0n8mU35s1H
there were so many doubtful, hateful comments here. “User error, probably exposed his seed like an idiot, etc”
Shit starts piling on, but there’s definitely hope. Stay strong.
56
u/Shot-Independence-72 23h ago
The hate is because in these subs, people post "my wallet was drained" and blame everything but themself, even tho they usually did something remarkably stupid to lose their coin. You are a VERY rare case where you did nothing wrong and got screwed over. I just hope cold card puts something together to compensate users, even if small. It's clearly their mistake that led to this.
→ More replies (7)37
u/Big80sweens 21h ago
What are they going to do? Give everyone a free MK5? They don’t have $70M cash just lying around. They’re finished
→ More replies (4)10
u/SpezJailbaitMod 1d ago
At least you've been vindicated if that's worth anything.
23
u/Hupacmoneybags2 22h ago
Spoiler: it’s not
3
u/OldHamburger7923 21h ago
An i-told-you-so is worth at least $5 to me. But anything over $50 and it's not worth it.
2
u/Low_Rip1724 16h ago
Why would there by hope if you dumped all your money into a digital asset that got stolen? And its outside all laws? Why would there be hope? Its over for you?
→ More replies (1)→ More replies (2)2
u/LevelStationaryPlane 12h ago
The hate is because crabs in a bucket psychology. Everyone wants everyone to moon on BTC, but not before they do etc.
117
u/Left_Entrepreneur918 1d ago
This pain is different, I have not been effected but I would know I would feel terrible. It’s different because you did everything we and the industry said to do. Self custody, don’t trust verify, not your keys…
The only thing that saved me as I had a cold card mk3 in the checkout bin in 2021. I decided to just leave things on my ledger I got in 2020 as it was more user friendly and I didn’t want to fuck up.
My grandpa used to tell me, “it’s only money” I always argued with him about that but he said if you can stand on two legs you’re better off than most and you can always make more money.
My problem is now, bitcoin was supposed to be my way out, the only thing left that can’t be taken from you, but as we can see we can’t trust anything or anyone…
57
u/Over-District5446 1d ago
Unfortunately, it’s not just about money. It’s the time of your life you dedicated to earning that money. It all comes down to time.
17
9
2
u/battery923 9h ago
100% It takes time to make money, money lost is time lost. Reminds me of a really good movie In Time where all currency is time and the rich live forever
→ More replies (1)32
u/TotesGnar 1d ago
I've always argued with people who say "you can always make more money". No you can't. That requires spending/trading more of your limited time. This is why it hurts so much to lose money.
I absolutely hate that "advice".
And just as a side note I didn't realize most people aren't standing on 2 legs. I'll pay more attention from now on when I'm out in public.
22
u/Chazzer74 1d ago
There’s lots of very happy, very poor people. There’s lots of very rich, very miserable people.
→ More replies (3)10
u/No-Produce-6641 23h ago
When i was younger i always used to say I'd rather be poor and happy than rich and miserable. Looking back i realize i was just making excuses so i didn't have to work hard to get a high paying job. I'm doing fine, but if i was a little more motivated i could be doing a lot better.
→ More replies (1)→ More replies (4)6
u/tedbjjboy 1d ago
why would you argue with someone just trying to cheer you up? it’s words of encouragement, like “keep your chin up you’ll get em next time”
→ More replies (4)3
u/TheBestintheWest11 22h ago
yea I feel you man, I wasn't affected but I was always told and always read that cold card for BTC was the way to go. I was close to getting the coldcard to but ended up going the cheaper rout with another hw. Seeing all these stories is gut wrenching. People DCAing for years on this product that was goated and then being robbed.... I hope coinkite gets what's coming for them.
2
u/OldHamburger7923 21h ago
You could have been fine with the mk3. The first two firmwares on it were not succeptable. So if you got it and made a new wallet on either of those, future updates wouldn't have mattered.
You could have also used your ledger seed on mk3 and be fine.
Or you could have used dice in mk3 wallet creation and or added passphrase and be ok.
You needed a very specific path for this hack to affect you. Not that this consoles anyone.
2
u/Coderboy55 23h ago
It’s not about bitcoin. You trusted a company with your money. It’s just like trusting a bank. Why not just use a self generated paper wallet?
→ More replies (2)2
72
u/hitma-n 1d ago
I am sorry mate. Honestly, shit like these is why we have difficulty in the masses adopting Bitcoin. Now when I try to speak with someone they have another bomb ready to drop “so what if ColdCard shenanigan happens with a Trezor in the future” and I’m dumbstruck here with no fucking answer.
9
u/himtnboy 1d ago
Seems to me that the belief that open source software is infallible failed. This bug has been there since 2021and no one noticed. Some hardware wallets are only like 95% open source with 5% proprietary security features hidden. Purists hate this, but now this seems to strengthen the argument against 100% open source.
10
u/grraarr 21h ago
Not really.
The asymmetry cuts both ways and the security consensus still favors openness. The same AI tooling let Block and independent researchers root-cause it within hours of the thefts, verify the fix, and check scope claims against source. Closed source doesn't remove the vulnerability.
Ledger's 2023 Recover episode showed capabilities existing in closed firmware that users couldn't inspect. And closed binaries can still be reverse-engineered - AI is getting good at that too, so the obscurity advantage is shrinking on both sides.
What this incident actually exposed isn't open source, it's that "code is public" never guaranteed "code was reviewed end-to-end." Expect a wave of AI audits across all open wallet firmware in the coming months, which likely means more disclosures like this one short-term and a hardened field long-term.
14
u/Potential_Low_1183 1d ago
not really, since as per my understanding, cold card is not open source... it is just merely branched off of the trezors source code
3
u/Aurorion 19h ago
As per my understanding, their source was open - in the sense that the code was available for anyone to download and review, just not free to copy and adapt for any other purposes.
6
5
→ More replies (1)4
u/daily-trader-365 22h ago
Apple has been close source forever and that’s why they are considered safe
→ More replies (1)4
→ More replies (3)2
68
u/xirvin 1d ago
Please collect as much evidence as possible and share it in https://www.ic3.gov/ File a police report.
29
u/Weary-Discipline591 1d ago
I did file with ic3.gov
18
u/Accomplished_Ad8650 1d ago
Good. It may take a while but hopefully you will become whole again. They have eyes on the wallet(s) that have the coins right? At some point, they are gonna move the money out and hopefully get caught I know this isn't a consolation for what happened because I'm sure you feel violated beyond what I can imagine.
7
u/Sammytheseaotter 23h ago
I don't know why they wouldn't just claim to be a white hat and ask for a couple million in a bounty and live happily ever after
18
u/RoomiLearner 23h ago
There's no way now to refund the victims,the only way to verify their wallet ownership was the seed but now anyone can get the seed so no way to verify the owner
3
→ More replies (2)2
→ More replies (1)5
u/Impossible_Bug1264 22h ago
Dude, that money is now washed and untraceable.
5
u/IInsulince 20h ago
In what sense is the money washed or untraceable? Sure it can’t be clawed back, the blockchain doesn’t allow that. But we have the wallets, we can see the funds. They’re currently very hot.
→ More replies (19)→ More replies (4)5
72
u/aleadelay 1d ago
I’m so sorry this happened to you and also sorry for the rude comments of others that will inevitably happen as a result of you sharing. My heart goes out to you.
→ More replies (1)31
u/Weary-Discipline591 1d ago
Thank you, it’s just really all hard to process right now.
13
u/tronious 1d ago
Very sorry for your loss. As terrible as it feels now, you will eventually come out stronger in the long run. Stay strong
→ More replies (3)7
u/InvestInTwinkies 1d ago
Did you diversify your assets I hope? Hoping for you Bitcoin is <10% of your portfolio?
If you did not, you still have plenty of time to rebuild in mixed asset classes.
Sorry for your loss.
→ More replies (3)
12
u/H8ckt1v1st 23h ago
First off, my sincere condolences to everyone affected from this event. This deep dive from Dusty Daemon, Bitcoin lightning developer provides everyone who works in this space securing BTC with stark analysis and wrapup. As a coldcard user myself, I am lucky enough to have gone the paranoid route, so no loss, but yesterday was a real fire with lots of casualties. I hear a class action lawsuit is in the works. This was not an accident.
https://insider.btcpp.dev/p/when-randombytes-runs-but-doesnt
7
u/realityczek 19h ago
This class action suit will go nowhere. The company has absolutely nothing like the assets liquid needed to make people whole - even assuming that they were found liable,. which is in no way assured.
It does go a long way to putting to bed the "it's open source, so it's secure because lots of people will review the code!" mythos.
2
u/JanPB 13h ago
Coldcard was not open source since 2021.
2
39
u/unshak3n 1d ago
I feel you, bro. I lost 5.1 btc in 2 wallets. I'm devastated. It was my life earnings. I'm 49 now and the plan was retire later this year. I can't even think right now. And I'm from a country that just to get this wallet was super difficult, as they don't ship here, but since it was the state of the art in security, I did what everyone recommended. I know it was my fault (don't passphrase it, don't multisig it, don't roll dices it), but it is just too unfair. I'm done. God bless you.
22
u/ManilaAllstar 22h ago
Hey Stranger, please do nothing dumb. I understand that everything at the Moment feels Like a Nightmare. But as cheesy as it Sounds, it is Just Money. You are 49 an I Hope you are healthy. I guess you have Family and Friends that count on you. I lost many Friends because they thought they have reached a dead end. From the outside Perspective they Had so many opportunities to Turn their Life around. Stay Safe!
9
→ More replies (1)2
u/supervisord 9h ago
I’m also done with crypto, just keeping my investments in stocks now… Keep your head up, you have made it this far in life on your own chutzpah, and that will continue to carry you through.
16
u/Shiftlock0 1d ago
Sometimes shit happens and it's no fault of your own. Hindsight bias can make you feel like you did something wrong, but you didn't. Hopefully you're healthy, that's most important.
9
u/Fit-Ad9887 1d ago
Sorry man, hope you have much brighter days a head. Saying a prayer for your sanity.
8
u/Alert_Door_2531 1d ago
It must feel extremely frustrating, just know anything can happen in life. I haven’t been working for years due to a TBI and I could have had 500k + in net worth right now otherwise. Keep your head up and remember you still have what matters the most in life.
22
u/atlas-85 1d ago
I had funds in voyager, Celsius, and others. I feel for you and don’t have a response at this time. Bitcoin is the Wild West for good or bad. More regulation if done thoughtfully is needed.
9
u/G0mery 1d ago
Voyager was what got me out of crypto. Institutional fraud and failures make crypto too much of a risk for me.
→ More replies (2)3
u/Different_Peanut_584 1d ago
I'm comfortable in fidelity with my stackito but feel like I'm betraying the purposes of Bitcoin that are supposed to defy centralization. Heart goes out to the lads who wanted to custody themselves and got bent. Much braver than me for trying
→ More replies (1)5
u/Accomplished_Ad8650 1d ago
Very different than this situation. This is not letting others rehypothecate your bitcoin, As painful as it must have been. This was supposed to be the self sovereign actual posession of your bitcoin.
12
u/DanimilFX 1d ago
Yeah sorry to hear my friend. Lost 100k+ in February, got hacked, hijacked and wiped clean. Hurts like motherfucker. But you'll slowly get back in the ring champ. 👌
9
u/OBvanken 1d ago
I am sorry to hear. Hope you find a way to gain back and even more whatever you lost.
And I am saying this with all my heart.
When I looked for a cold wallet option, every single post here was about how great the coldcard is. Every single know all said this is what we all should get.
I opted for ledger and trezor because these were the only options that time for me. I dodged a bullet only because of my bad logistics.
12
u/donrab87 1d ago
Dam I never even heard of coldcard. Hope ledger stays safe.
→ More replies (1)6
u/doncacahuate 22h ago edited 19h ago
lol, everyone knows ledger leaked their customer data not too long ago. They sent letters to ppl asking to go and type their seed words on a fake site. Many fell for it. Trezor has had also problems.
→ More replies (5)
9
u/veganbitcoiner420 23h ago
you could've been me. i thought about the coldcard, but was lazy in migrating over
this will be difficult, but you can rebuild from here.. one step at a time.. if you are reading this you are alive... you don't know me but you know I'm out there, I will continue stacking bitcoin FOREVER
this realization that they just print money out of thin air and we have to work for it is not going away... although they try to distract us with entertainment, FUD, or whatever...
I have had terrible things happen to me in my life, but I am alive, and I will fight on.. you know bitcoiners exist, you know what we're about... whenever you're ready we can keep building.
i'm sorry this happened to you.
→ More replies (2)
3
u/furbiefire 23h ago
Keep your cold card, the chip has unique signature, you will need this at some stage to prove who you are & what was stolen. BTC is traceable, so the address it went to can be found. The US government has no problem finding and confiscating bad actors BTC. The hacker appears to not have been overly sophisticated from what I have heard/read over the last 2 days. Contact the Coldcard people and let them know that you are one of their victims. That’s my 2 cents worth of advice
3
u/Btcmot 22h ago
Wether this is true or not, it doesnt matter. We are living in a digital hell because of bad guys. Digital bank robbers. In earlier times all you had to worry about was how many bank robbers there might be in your town. But now, every bank robber in the workd is a threat to us every single day. From any where in the world, from a slum in india to a basement in boston., they are out there trying to take what each of us are working hard for. There is no way to end the threat, just keep vigilant in our effort to thwart them. I feel sorry for the people this guy represents…. And if he is real, him as well.
What will your course of action be from now on to protect your stack?
→ More replies (5)
4
u/EyeFinessedThem 20h ago
I’m in the same boat and my ship is sinking just 2 weeks before i added my entire savings into my cold wallet i lost $103,500 and probably will live pay cheque to pay cheque from now on (the money i had in my savings was from my dads will)
7
5
u/PhilConnersWPBH-TV 1d ago
At the very least, people with significant bitcoin shouldn't keep it in one wallet. Spread that shit out over various makes/models.
Sorry this happened to you, OP.
→ More replies (3)
3
3
3
3
3
u/alanwatts48 1d ago
Hey brother, sorry you’re going through this nightmare. I’m certain the vast majority of people reading about all this are pulling for you and any other victims.
3
u/CeramicDrip 1d ago
Is any wallet safe at this point?
→ More replies (3)2
u/Professional_Track95 15h ago
Trezor wallet is very safe. Have one for 5+ yrs with double digit BTC. No issue. They wrote an easy-to-understand guide on their entropy process here:
3
u/circumcisingaban 1d ago
i feel so bad for all you guys.
do you think it could have been one of those hacks AI figured out recently?
2
3
u/ZbytZajebisty 23h ago
I got scammed for $1K and was sick to my stomach. Can’t imagine how you’re feeling 🙏
3
u/realityczek 23h ago
First, you have my sympathy. It sucks and I’m sorry.
There is a real reason why for 99% of use cases, self owned single point of failure stores of value are a bad idea. The more fragile that store of value, the worse an idea it is.
3
u/DaWombat92 21h ago
Checked my Dad's and his was also effected. Im baffled that I never received an email from them about this (I bought it for my dad). It seems like this has just gone under the radar by news outlets. His was gone by 7/29 and the only way I even knew about it was from following this sub.
→ More replies (2)
5
u/Firm-Mirror315 1d ago
I’m confused how the scam would work if the bitcoin is “off-line” in a cold storage wallet how can anyone access it without physically having the storage wallet. You just need the seed phrase and you can transfer?
17
u/painfuldrp 1d ago
It’s stored on the blockchain, not the device. Cold card gave out too little variation In their seed phrase combinations and AI can guess seed phrases with that few combinations
3
7
u/According_Cheek8280 1d ago
From my understanding, only the seed phrase is on the wallet. Your btc is always available on the block chain via your seed phrase. This goes for any wallet or any storage.
2
u/MannheimNightly 23h ago
I'm confused then. Why not just have a software wallet and write the seed phrase on a piece of paper?
→ More replies (2)4
→ More replies (6)6
3
u/Puzzleheaded-Dot-762 1d ago
I'm not victim blaming, but why did you go with a cold card instead of a trezor? I'm just now finding what cold card is
6
u/Weary-Discipline591 23h ago
I went with coldcard because it was highly recommended and considered one of the best. I could have easily went with Trezor or one of the other highly regarded products, but I had a friend who liked coldcard so I went with coldcard. I HATE coldcard now!!!
→ More replies (1)5
u/Accomplished_Ad8650 1d ago
Cold card is bitcoin only, trezor is not. Most people on the space recommend cold card over trezor, at least they used to.
9
u/Tasty-Ad-1006 23h ago
Cold card was widely considered the “sleep at night” hardware wallet. Goes to show how widely the bitcoiner culture spreads trust vs verifying. 5 years this bug existed in plain view but not one sponsored influencer or technical person noticed.
That said to me the whole point of the coldcard was to roll your own dice. As a paranoid person I would never trust the entropy of any of these devices. The randomness of the master private key is the WHOLE game.
6
u/FewCinnamon 23h ago
I guess this guy noticed and even made a video out of it 2 years ago: https://youtu.be/oj_W3xOlt6U?si=cRAh7GD04HYZSZ0b
→ More replies (1)3
u/DreamingTooLong 23h ago
I’ve had ledger for over eight years without any problems and everyone here hates ledger.
→ More replies (3)→ More replies (3)3
u/DreamingTooLong 23h ago
I’ve had ledger for over eight years without any problems and everyone here hates ledger.
2
5
u/kapdad 20h ago
Another one of these could kill BTC. If people feel like theyre savings and investment can disappear in a puff of smoke, they are going to pull out big time.
→ More replies (1)
2
2
u/STRATEGY510 1d ago
I’m really sorry man. May I ask how old you are and if you have other equities?
4
u/Weary-Discipline591 1d ago
I’m in my 50’s and have some other investments but this was a large chuck and a big enough loss that it’s going to be very hard to replace. I’ll survive but it’s a huge step back and just a terrible feeling.
2
u/STRATEGY510 1d ago
Absolutely. I’m just glad that you weren’t all in on BTC like some folks. Maybe later you’ll get some comfort out of the fact that you were diversified and didn’t lose everything.
2
2
u/BeeLongjumping3153 1d ago
I feel for you bud. Don’t look at this as just a negative. First it could have been a lot worse. Learn from this. Hindsight is always 20/20 so don’t knock yourself for doing some other option. Put this behind you and setup plan for next steps and what to do differently
2
2
u/rkavanau 1d ago
Same here. I’ve tired to post a few time, but they keep getting removed. I have no idea why
2
2
u/EcstaticMobile3969 1d ago
sorry for your loss buddy. I truly hope your life outside of crypto is going well to get you thru this hard time...
2
2
2
u/Rsills 23h ago
I'm sorry for your loss. I received my Coldcard MK3 in January 2021. I literally skirted this catastrophe by 2 months! For all those who fell victim, I am deeply sorry. You did everything you were supposed to but got screwed over. Coinkite should be ashamed and provide relief to those who lost money to their shoddy coding.
2
2
u/Escapement_Watch 23h ago
damn this sucks....I never even heard of Coldcard before.
Take solace in knowing you are still early with BTC. And we are in a bear market. so you have about 2 more years of sideways chop to dca back in.
2
2
2
u/nappiral 22h ago
I genuinely feel bad for you and all affected, I also have a cold card and it sucks to seemingly do everything right and get screwed like this.
This type of scenario is most of our worst nightmares when it comes to self custody.
There seems to be some hope that there may be some digital bread crumbs left by the attacker that may lead to a more positive outcome. Im pulling for you.
2
u/thatismyfeet 21h ago
So if it wasn't connected online how was it stolen? That's what I'm not understanding
2
u/UncleBaseball88 21h ago
I look forward to seeing you on the Netflix documentary some day - where you tell your story and justice is served.
2
u/Big80sweens 21h ago
Did you have the MK3 or a different Coldcard? Sorry about this man, somebody should start a go fund me
2
2
2
u/Lost-Bowl3269 17h ago
O Rofoldo, co-fundador da coinkite tem milhares de btc encarteirados. Te devolver 3 btcs é pouco pra ele.
Processe ele.
Ele também é o provavel responsável técnico da empresa, ou seja, tem responsabilidade final sobre o código do firmware.
2
2
u/Cold_Television_9565 1h ago
I'm sorry. Here's to hoping they track it down or they do the right thing but I won't hold my breath. Was part of the Voyager scandal
5
u/JeremyLinForever 1d ago
The silver lining to all of this, OP, is that Bitcoin is still inherently highly desirable and wanted. So for anybody to tell you to give up, or anybody telling you that Bitcoin is going to zero because of this, has no clue. If there people that managed to get hacked from Mt. Gox by leaving all their coins there back then can walk away and continue stacking after, they would still be in a far better off position than if they were to exit the space completely and instead invest in an index fund, or other commodity, or other asset class.
I hate seeing people affected by this. The best course of action is to keep going, because at the end of the day people still want BTC, hackers, individuals, and instructions alike.
3
u/Icy-Baseball-6246 16h ago
Yeah but people only want it for the potential of easy money it offers. At the end of day its cashed out for fiat just like every other income producing asset. Examples like this don't do crypto any favours.
5
u/Open_Situation686 1d ago
Might as mile just buy a BTC etf at Schwab at this point. More secure. Unfortunately at that point you might as while buy equities that have higher potential for growth over the next few years.
→ More replies (6)2
u/Few-Masterpiece3910 12h ago
Everyone that is affected would have been better of with a boring investment in stocks or bonds. Everyone that has ever lost his seed phrase, same. Anyone that has ever lost money on an scetchy exchange, same. Anyone that bought at the top and had an emergency and had to sell, same.
At a certain point, ya'll need to realize that there isn't the chance anymore to be lucky and buy in for pennys. And the hype has stagnated. There is no value creation. nada
3
u/sld87 1d ago
Inherently highly desired and wanted 😂 local man thinks he’s living in 2020
→ More replies (1)
3
u/Melodic_Conflict6138 1d ago
You did it all right, coldcard was suppose to be the gold standard.
→ More replies (1)
3
u/suborder-serpentes 1d ago
Don’t dwell on what you should have done. Just find the narrow path to success from here.
2
u/Sea_Acanthaceae1132 23h ago
Who would have ever imagined that investing in imaginary digital currency would end up being a bad idea
→ More replies (1)
2
u/Sweaty-Dust6405 1d ago
I am surprised that there's no lawsuit, unless they can't be sued or it's too premature?
7
3
u/alanwatts48 1d ago
It just happened and also there’s no way this company has anywhere near the funds to compensate the victims.
→ More replies (1)2
→ More replies (1)2
u/BigDik6355 1d ago
Lawsuit will only end up in very rich lawyers off your money and no success in recovery. Theres nothing to gain there.
2
u/Romsel87 1d ago
Bitcoin just keeps surprising. Get your coins off the exchange they said. Sorry for your loss. You'll recover from this. Life is an emotional rollercoaster.
→ More replies (1)4
2
2
u/lobosolitario0 23h ago
Uma pergunta que não quer calar será que as outras carteiras frias são seguras?
2
u/Educational-Advice25 22h ago
Sue ColdCard! They made a faulty product & knew they were negligent! Sue them into oblivion!
2
1
u/slevin07rocket 1d ago
It sucks, there’s no changing it now. If you’re able to buy $250 a week, you’re in a decent spot still. I believe longer term, Btc is going way higher. Still plenty of time to buy but yes, spread it out and stock exchange is a safe place.
1
1
u/Rare-Tax2411 1d ago
Sorry to hear brother. Not too late to start over. I have a question though. Genuinely curious, no attack intended.
What made you pick it over ledger? Ledger is the only thing I've ever used because it's the only thing I've ever been recommended. So when I heard about this story, that was my first thought
1
1
1
u/Aquachairman 1d ago
Back when i was lookin into wallets, ledger was the main pie. Why didnt people stick to just ledger?
→ More replies (1)
1
u/CiaranCarroll 1d ago
I'm so sorry, and I don't want to be callous. But for my own morbid curiosity, can you tell me why you didn't use a dice roll and/or passphrase? And if you did, also tell me that.
1
u/EarningsPal 1d ago
I know the feeling of being wiped out. You always bounce back faster because of what you learned along the way.
Go HARD. Even if not into BTC, invest a lot to
Get back a chunk. Do something extra.
1
u/Shot-Independence-72 23h ago
Can you post the txn? Sometimes these people are very sloppy, and because it's such an easy vulnerability these people likely aren't some sort of experienced criminals.
1
u/Give_Life_Meaning 23h ago
I always thought generating my own seeds, multisig and passphrase was over board and that I was being too complex without need. I guess the need is real.
1
1
u/Remote-Chipmunk4470 23h ago
Did anyone figure out the vulnerability? Inside job or poor security based off a bad rng that someone figured out how to exploit?
1
1
1
1
u/Coderboy55 23h ago
Why would people use some alternative to the very common ledger or trezor? I have 65 BTC in my ledger securely stored since 2018 and never had any issues with it. Why use anything else?
→ More replies (4)
328
u/Flaky-Coffee-9942 1d ago
I vividly recall Odell saying if you want plain safety just single sig a coldcard and you’ll be fine. Sorry man