Coinkite Faces Threat of Class Action Due to Bitcoin Wallet Vulnerability, Resulting in Users Losing Over 1300 BTC
2026-08-03 05:31:49
According to CoinMeta, Coinkite company is facing the threat of a class-action lawsuit from users due to a vulnerability in the seed generation code of its Coldcard hardware wallet. In the past two days, affected users have lost over 1300 BTC, which is approximately 88 million US dollars. The victims are preparing to take legal action against Coinkite.
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