I traced Wave 1 of the Coldcard drain from the weak firmware RNG to 1,195 victim addresses, reconstructed 328 seeds covering 949.7 BTC, and found clues in the attacker’s sweep code.
The final 153 addresses remain unexplained.


Inside Wave 1: Tracing the Attacker’s Steps Through the 1,082 BTC Coldcard Drain | Praveen Perera
A forensic reconstruction of the 1,082 BTC Coldcard Wave 1 drain, the weak seed path behind it, and the 153 addresses that remain unexplained

