Blame lands on Coinkite CTO as BTC exploit loss nears $120M

Researchers have tied the faulty randomness code at the center of the Coldcard wallet breach to Coinkite co-founder and CTO Peter Gray, who Bitcoin developer James O’Beirne says brushed off a warning about the defect in May 2025.  The exploit has now drained roughly $114 million across more than 5,200 Bitcoin addresses, and Coinkite says...