White hats have moved bitcoin from the hacked Coldcard signing devices to a trust for would-be victims to reclaim, Galaxy Digital’s Alex Thorn has said. 

Writing on X on Monday, Thorn said that the funds were taken by white hats to protect potential victims. They are now apparently sitting in an address controlled by Crypto Recovery Trust, a Wyoming Trust created to help white hats return funds to victims. 

A total of 52.37 of the bitcoins — worth over $4.5 million at today’s prices — were moved. Thorn added that the funds represented 2.8% of the coldcard exploit. 

Criminals started taking bitcoin stored using Coinkite’s popular Coldcard hardware wallet on July…

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