Whitehat researchers transfer about 52.37 bitcoin linked to a July Coldcard wallet exploit to an address associated with the Crypto Recovery Trust. NDTV and CoinDesk both report the amount moved is roughly 52 BTC, citing analysis from Galaxy Digital Research.
According to Galaxy Digital, the funds originate from multiple tracked exploit clusters connected to the incident. The transfer is described as part of a broader effort to route potentially stolen bitcoin toward a structure meant for later claims and possible returns. CoinDesk adds that the receiving address includes an OP_RETURN message with the text “claim:cryptorecoverytrust dot com,” which is presented as an indicator of the destination’s claim process. NDTV describes the trust as a holding mechanism where recovered assets are stored while ownership claims are reviewed before eligible funds are returned. Both outlets frame the move as a transfer to a recovery-related address, though they focus on different technical details of the destination.
