Coinkite Faces Class Action Lawsuit Following Major Coldcard Wallet Security Flaw
Photo: Crypto Economy
TL;DR Coinkite faces a proposed class action lawsuit over a vulnerability in its Coldcard wallets linked to the theft of $140 million in Bitcoin. The complaint alleges that a firmware error introduced in 2021 caused some devices to generate predictable recovery phrases for more than five years. The company released a fix in July 2026, ... Read more
Source: Crypto Economy
