Tens of Millions of Dollars in Bitcoin Moved to Safety as BTC Sessions Discloses Coldcard Vulnerability Aftermath

Odaily reported that Bitcoin News stated on the X platform that BTC Sessions said their team spent weeks assisting Bitcoin holders affected by the Coldcard vulnerability in moving funds to safety, estimating that tens of millions of dollars worth of Bitcoin were protected during this period. But for many, it was too late. A member of their local Bitcoin community lost 90% of their Bitcoin, and another woman they spoke with lost all of her Bitcoin. BTC Sessions stated that this could be the most severe self-custody incident in Bitcoin's history. BTC Sessions said this experience prompted them to rethink asset custody, with diversified security measures emerging as a key lesson.