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Coldcard Founder Deletes Old Messages as Damages Exceed $130 Million

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FOMOGRAM Editorial Desk
Aug 7, 2026
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Coldcard Founder Deletes Old Messages as Damages Exceed $130 Million
EXECUTIVE SUMMARY

Coldcard’s co-founder deleted past communications amidst growing security concerns after hackers exploited vulnerabilities, leading to over $130M in Bitcoin losses. The article highlights risk factors affecting wallet security.

Coldcard’s co-founder deleted past communications amidst growing security concerns after hackers exploited vulnerabilities, leading to over $130M in Bitcoin losses. The article highlights risk factors affecting wallet security.

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Security concerns around Coldcard hardware wallets, with over $130M in losses reported, may trigger short-term risk-off sentiment in BTC.

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