Every Zipp story tagged #StolenFunds, newest first.
The move follows failed attempts to route more than $50M through NEAR Intents, underscoring how tighter screening can push stolen funds toward privacy tools and permissionless venues.
The rejected deposit was refunded to the sender rather than frozen, blocking this route without securing the funds themselves.
The case highlights how social engineering can put exchange customers at risk even when the attack targets people rather than Coinbase’s platform.
A firmware bug Coinkite shipped in 2021 is still bleeding wallets nearly two months after the first drain.
The case just shifted from a static forensic ledger to a live cross-chain trace: 20.5 BTC routed through 34 swaps while 1,402 BTC of identified loot still sits parked.
Chainalysis shows DPRK-linked groups launder stolen crypto within ~45 days, meaning most of the $1.46B likely cleared the pipeline before this 17-month-old lawsuit arrived.
Coldcard's migration guidance adds an immediate wallet-security issue to the fund movement, with specific device versions and seed setups requiring action.
The exploit is already six weeks old, but the wallet's swelling ETH balance turns the case into a live tracking exercise for every researcher watching the funds.
CryptoSlate
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TheBlock
CoinTelegraph