Replies (95)
Yup. That's exactly correct.
At this point I won’t be surprised if it’s insider job.
Yes.
NVK has been on my craplist some the bitclock fiasco. I'm glad I'm not shocked like some people. I'm gutted that something so stupid was done that allowed this to happen.
I also want to make sure that people are directing their ire at the correct issues, that of his unrepentant attitude and the impulse to cover things up instead of be accountable.
I wanna know who the fuck the VCs are that were giving money to coinkite
Man, that is the depths of suck. 💚🫂
Had my stack been swept, I'd be angry, but, I'm too po' for it to really matter. But, it gave me a huge pause to think about how much time and effort it took for me to scrape together what little I had and can't imagine that over a longer time frame.
Just imagine man, Coinkite is probably going to go under because of this. Don't you even care about NVK's feelings?? He was supposed to be the best, the king of the hill. And now he's NOTHING. That's devestating for any narcissist.
I'm still annoyed that aside from DIY options I still can't find a better solution even after this bug.
Getting comfortable with stateless signers seems like a requirement going forward I guess.
I remember him on podcasts. Acting like he was bitcoin golden boy. Fuck him
He was so insufferable. I cannot WAIT for his next podcast appearance.
lol soon ™
Stateless signers was always the only way to go. DIY, too. Probably dice rolls too. No trust anywhere.
'Now with 90% less hubris'
Imagine he actually comes in with zero remorse. That would really be wild.
Remember his stickers “no shitcoins inside” with the intel logo. Here’s the 2026 update 🥴
"How was I supposed to know people would just trust me without verifying the code themselves?"
lol. Marty & Odell’s Ten31 were the only outside investor. And they onboarded many plebs who go their life savings wiped. There needs to be serious accountability.. NVK should be criminally investigated and Cold Card should refund all victims from the corporate treasury and shut down.
Xpub doxing 👀 holly fuck! This has got to be the worst hack ever.
Another plus for Nostr- can’t delete notes and try to gaslight about shit you said
Won’t be surprised if
@N runs off to Costa Rica lol
Grotesque that he is deleting it.
He never liked RNG... now it all tracks.
You might have to ask that ride or die OG on the cucked bird website
The community needs to verify more. I published the code as open source for a reason. This is everyone's mistake lol
If they even have enough to do that. I imagine Odell and Ten31 could possibly be sued as well. What a shitshow.
The scammers drift back toward twitter eventually
They should put him on suicide watch
I have no heroes left in the bitcoin/nostr space. I hate all of you. GFY🫂
I would be surprised if anyone associated with Ten31 can/would be sued but I am not a lawyer
GFY brother! 🔥
If they funded it, then they are part owners. That is my understanding. Not a lawyer though.
@SuiGenerisJohn is a lawyer though. Thoughts?
Oh good you’re almost there. 🤣
Nah that dude was the last one who I thought had some dignity but fuck dude.
All of them are scumbags.
That’s why everyone went into dark suddenly.
It’s so hilarious to see that dude wasn’t affected by the attack. Imagine if he was using ledger or trezor all that time lol.
Not today Helen
There is very little posting from him here. Guess the freaks don’t matter to him anymore 😂
Right lol
He probably rolled dice on his coldcard lmao
Freaks don’t matter when a lawsuit is coming towards you.
As per I’m getting the news that might also be compromised.
Dude literally gave financial advice. According to me if a lawsuit happens, all these influencers might spend some jail time.
99% yes
He marketed the fuck out of the business though
fucked up
there is no probably. coinkite is done
Ten31 might be done too
Nah, Ten31 is definitely diversified. They probably just didn't expect Coinkite to die on them.
This is the type of behavior I keep talking about. It isn't a purely technical issue that caused this.
yes ten31 will be fine
Exactly. The issue isn't that a man made a mistake. The issue is that there is a long, historical, consistent pattern of poor behavior that had to inevitably lead to greater pain over time. My fear is that he will be allowed to continue on to even bigger harm if enough people don't speak up.
If you read the removal request letter it was pure incompetence. They left the secure element TRNG value in the code as 0 and the coldcard used a weaker fallback RNG to generate the seed.
Where they or their funds (Ten31 and OpenSats) using Cold Card? Were any coins compromised?
Lesson learned.
I even put a slap in the package that said "dont trust, verify"
Once the attacker (or anyone) can derive a victim's xpub, that person's entire address history is computable. The moment any one of those addresses ever touched an identity anchor — a KYC exchange withdrawal, a merchant payment, a publicly posted donation address — the whole derived address set gets a name attached. So even is you moved your funds into another wallet to avoid getting hacked they could know you are the owner and follow any future transactions. You could get wrench attacked thrown in jail until you give up your funds.
This looks like negligence. Is his life ruined? I imagine they’ll drain the company treasury
Wholesome!
I just don't want to make a public statement about any of this. Non zero chance I have clients impacted by the thing and it is what it is, but I expect its unlikely the company has sufficient funds to 1) defend a real lawsuit; or 2) refund if they lose. I suspect the company would almost immediately file for bankruptcy protection. I have no idea if its a canadian company or what but if its a corp. created under the laws of one or another state in the united states that's almost certainly what they would do and all the litigation would happen within the bankruptcy courts. All the lawyers would make their nut and I doubt much would be leftover. I doubt litigation is a good idea for anyone affected, but they should definitely talk to a lawyer to discuss their options if they are considering it.
Yes. I am saying that. It makes me sad and its literally my profession but yes.
Odell and Marty and their VC company TEN31
But who else is in ten31?
They're probably zios
Oh definitely dice rolls. That was already a given. Not your entropy, the coins weren't meant to be.
I'm looking at self hosted oracle options for the Jade which I guess you can even run on an ESP32 board with open firmware to see if maybe there's hope for a stateful solution but I'm not holding my breath.
Also they might be charged with insider job, which I guess might have 3rd order effects.
The amount of bitcoin that’s been stolen, I won’t be surprised if FBI doesn’t get involved.
Rest in just speculating.
Yup
I mean, the cold cards look cheap af...
12 words not 24, self proclaimed to be the best but turns out to be trash, all the podcasters promoting it, all confidence 0 accountability... This stinks of a zio scam op 💯
Never used it ha!
I literally ordered one and it never arrived in the mail. Another red flag for the zio tech coinkite co!
I can't believe I almost got that trash! Fkn hell.
I got one a while back but was too dumb to figure it out lol im so glad! Thank you God 😊🙏
Retard maxxin to the max 🤣🤣🤣
Did you get refunded?
Expecting a refund from a Jew lol
Refund!! What refund
Say it in a Brooklyn Jewish voice lol
Charge it back to your credit card lol
The worse part is I paid it in bitcoin🥲
These scammers managed to get you to give up your bitcoin 😂
It’s so ironic that the reason I bought coldcard using bitcoin was to hide my real identity, didn’t realising that they had a backdoor all along.
Such a puss boi behaviour from me lol.
I need to boost my testosterone more.
I mean that’s a valid decision. I would have done that if I had a rental mailbox at the time
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Their VC buddies who keep a lower profile. Not too hard to find them.
But I would look more at NVK and mossad connections first
Are there Mossad connections?
😂🤣 wow, we lucked out man! Hahaha!
Nah, went back and forth with email. I bought anon with btc... The fuckers said to keep waiting for it to appear in the mail... I emailed 1 month, 3 months, 6 months, and 9 months later.
Eventually I realized they just didn't give af.
Thank god! Fuck. I almost got zio'd!😂
I asked for refund and everything. They stopped answering. Absolute trash company.
Same. Not surprised I ain't the only one.
#retardmaxxin
I don’t have any evidence lol but if you give it a thought
To me it seems obvious that bitcoin software and hardware supply companies would have been infiltrated or wholly owned by IC agents
Why is that obvious?
