I don’t know, I think it’s fair question why the top two investors in a company that make what was supposed to be the most secure device for storing bitcoin never once required the company that they invested in and promoted for years to submit to regular security audits, independent code reviews at their own expense, and the same industry certifications their competitors all had.

Replies (4)

Seems obvious in hindsight, consumers also should demand this, and pretty tough to stay on top of everything in a big portfolio of companies especially with a small stake. Like faulting a stock investor if Nvidia does a bad thing
people that profited from coldcard and were complacent in the aggressiveness to other open source projects need to be scrutinized. grow a pair of balls
Agreed, there were many failures here. NVK was clearly the main one. But Investors and influencers can also be bad at their jobs by not doing their DD. I would not say there is enough to point the finger at them being in on it like some claim. But I belive its appropriate for the community to question the fuck out of them given the responsibility they took on and failed at.
It is an absolutely fair to expect this would/should have been done. This should be industry standard. Verify. Don't Trust!
↑