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  • Coldcard Update: The Coins Are Moving Again

Coldcard Update: The Coins Are Moving Again

And the single point of failure no hack can reach: who inherits yours?

Together with

Casa

Three developments since Wednesday's email. The stolen coins are on the move again: after days of sitting still, the attacker's wallets resumed transfers this week. ZachXBT traced the laundering to Wasabi Wallet's centralised CoinJoin coordinator, the first hard evidence of where the funds are headed. And the running total has climbed past the 1,596 BTC we quoted you, with independent trackers now putting it near 2,000 BTC. Coinkite has published nothing new since Tuesday's URGENT notice.

Casa's answer was to show up more, not less. CEO Nick Neuman joined the sales call rotation on Thursday and got booked back to back. Jameson Lopp published a full incident recap on Casa's blog. And on Monday Casa is running a free live multisig workshop: bring your own hardware wallet and they'll walk you through setting up your first multivendor multisig, then show you how to recover funds with no Casa in the picture. A security company teaching you how to leave is the best trust signal we saw all week.

Wednesday's email was about the first layer: keeping attackers away from your keys. Today is the layer almost everyone skips: inheritance. You can rotate compromised hardware out of your setup. What you can't rotate out is you.

Roughly a fifth of all bitcoin is already stranded forever, locked behind dead hardware and passphrases nobody wrote down. Bitcoin has no forgot password flow, no support desk, no probate judge who can order the chain to cooperate. Stranded coins don't get redistributed. They just sit there.

Casa's workshop takes Casa out of the picture. Try the harder version: take yourself out, starting tomorrow. Would your family know the coins exist? Could they find them and move them without you on the phone? For most of us the honest answer is no.

The classic fixes all fail the same way. A note in the safe goes stale the first time you rotate a wallet. A seed phrase handed to family can be spent today or lost tomorrow. And the lawyer route parks your keys behind probate, with someone who has never opened a bitcoin wallet.

How Casa Inheritance actually works

Casa Inheritance is built to pass that test. Your chosen recipient joins with a key on their own phone. While you're alive, that key can do nothing on its own; the coins stay yours alone. When the time comes, your recipient starts a waiting period of six months; if it ever starts while you're alive and well, you cancel it. Once it completes, a Casa advisor walks your heir through the recovery step by step. No court order, no death certificate at the standard tier. And it's included with every Casa plan.

And if you're thinking you'll just update your estate notes this weekend: did you actually do it last time you thought that? A plan that depends on you maintaining it isn't a plan.

If you'd rather talk it through first, Casa consults are free, member or not, and this week the CEO himself is taking the calls. Setting this up is the least dramatic gift you can leave the people you love.

Two women looking at a phone together
Book a Free Casa Consult

Casa starts at $250 a year, inheritance included. In the final email of this series we'll take on the obvious pushback: isn't all of this overkill?

Naiw

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