Coldcard Hacker Launders Stolen Bitcoins via CoinJoin

In Crypto Regulations
September 08, 2026

Coldcard Hacker Launders Stolen Bitcoins via CoinJoin

Analysts at Galaxy Research have detected the transfer of bitcoins stolen during the third wave of attacks on Coldcard users. The hacker moved the assets into the CoinJoin mixer, which complicates tracking by combining payments from multiple participants. Previously, the perpetrator converted the coins into Ethereum through THORChain.

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Steven M. Crimmins is a cryptocurrency strategist and freelance writer who has followed the blockchain industry since Bitcoin’s early days. Known for his sharp analysis of altcoins and trading strategies, Steven provides Satoshi News Africa readers with market-focused content grounded in research. He is especially interested in how African traders are adopting crypto as an alternative to traditional markets. Steven is also a podcast host, where he discusses emerging technologies and investment trends.