Lawyers weigh lawsuit against Coinkite over $116M Coldcard exploit
- —About 1,816 BTC worth $116 million drained from over 5,200 addresses
- —WeirFoulds LLP in preliminary talks with victims over a claim
- —Potential claims against Coinkite: breach of contract, negligence, product liability
- —Second route: on-chain forensics and freezing funds at custodians
Why it matters: A suit against a hardware wallet maker could reshape liability standards for self-custody across the industry.
Source: CoinDesk Japan