Thieves Took ~2k BTC From Coldcard Wallets. Holders Immediately Moved 10–100x More To Safety

Thieves Took ~2k BTC From Coldcard Wallets. Holders Immediately Moved 10–100x More To Safety

Coldcard exploit stole ~2.1k BTC (~$130M), but holders moved 233k BTC to safety—10–100x the theft—shifting toward multisig and self-custody. Self-custody distributes breach risk across wallets instead of concentrating losses in one custodian, a structural advantage for institutional risk management.