Alex Thorn: Tracking the Stolen Bitcoin and the "Red Team" Racing to Find More Bug

About this episode

More than 1,700 bitcoins have been drained from Coldcard wallets belonging to people who did everything right when it comes to self-custody. Alex Thorn, Head of Firmwide Research at Galaxy Digital, has been tracing those coins on-chain since the second day of the attack, working directly with victims. He joins me with the fullest accounting of the hack that exists anywhere: how much was actually taken, where that Bitcoin is sitting right now, and what the people who took it have and haven't done with it since. In this episode: • Where the stolen Bitcoin is sitting right now and how many waves of attacks there have been • What Alex expects the hackers who took it to do next • How could this…