The Coldcard Hacker Isn’t Rushing – And That Should Worry Self-Custody Users More Than a Fast Cash-Out Would

BitcoinWorld The Coldcard Hacker Isn’t Rushing – And That Should Worry Self-Custody Users More Than a Fast Cash-Out Would There’s an instinct, when a stolen-crypto story updates with new laundering numbers, to read it as a countdown: the thief is cashing out, the clock is ticking, soon it’ll all be gone.

The latest update on the Coldcard hardware wallet exploit deserves the opposite read. Eighteen percent moved, 82% still sitting untouched in the attacker’s own addresses, months after the theft was first identified – that’s not the behavior of someone in a hurry.

It’s the behavior of someone who either doesn’t need to rush, or is being deliberately careful not to trip the wires that would get the rest of the funds frozen or traced.

Either way, the patience on display here is arguably more informative than the dollar figures, and it says something uncomfortable about where this case is heading.