{"id":76298,"date":"2026-08-03T06:20:43","date_gmt":"2026-08-03T06:20:43","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/galaxy-digital-and-duel-casino-clash-over-230-eth-linked-to-coldcard-exploit\/"},"modified":"2026-08-03T06:20:43","modified_gmt":"2026-08-03T06:20:43","slug":"galaxy-digital-and-duel-casino-clash-over-230-eth-linked-to-coldcard-exploit","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/galaxy-digital-and-duel-casino-clash-over-230-eth-linked-to-coldcard-exploit\/","title":{"rendered":"Galaxy Digital and Duel Casino Clash Over 230 ETH Linked to Coldcard Exploit"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Stolen bitcoin from the Coldcard exploit moved to Duel Casino, but the platform refused to freeze the funds.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Duel Casino requires official law enforcement confirmation before blocking user balances.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Galaxy Digital\u2019s Head of Research criticized Duel\u2019s inaction as complicit in the massive cyber theft.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p> <!-- --> <\/p>\n<h2>Coldcard Hack Spreads: Duel Casino Refuses to Freeze Funds Without Proof<\/h2>\n<p>Funds allegedly linked to the Coldcard vulnerability exploit are already on the move, hitting third-party platforms as criminals seek to launder them.<\/p>\n<p>Alex Thorn, Head of Firmwide Research at Galaxy Digital, alerted about the behaviour of Duel Casino, an internet gambling platform that allegedly received nearly 230 ETH from the Coldcard hack.<\/p>\n<p>According to Thorn, the platform<a href=\"https:\/\/x.com\/intangiblecoins\/status\/2083792644048597326?s=20\" target=\"_blank\" rel=\"noopener noreferrer\"> refused to freeze these funds even after receiving data<\/a> linking the addresses and transactions to the event. Duel\u2019s response asked for police to contact them, despite supposedly having access to incriminatory information.<\/p>\n<p>Thorn labeled Duel\u2019s inaction as outrageous, stressing that no police report would arrive until Monday at best.<\/p>\n<p><strong>\u201cThese shady people are refusing to freeze funds that have been forensically proven to emanate from a live cyber incident. If they do not freeze the funds, they are complicit in theft,\u201d<\/strong> he declared.<\/p>\n<p>A Duel team member identified as Korra on X <a href=\"https:\/\/x.com\/korraflow\/status\/2083812755409191373?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">stressed that they can\u2019t freeze user funds only because a third party claims they are stolen<\/a>, as there could be people taking advantage of this system.<\/p>\n<p>Korra then offered to make an exception if the alleged victim sent a message from a \u201chacked\u201d address, signed an affidavit claiming they were hacked, and showed a trail of these funds entering Duel\u2019s wallets.<\/p>\n<p><strong>\u201cYou have to understand the reason this policy exists, we require SOME sort of official confirmation that an actual theft occurred (so confirmation from law enforcement of any kind usually), otherwise anyone can claim stuff about their own balance or a counterparty or a third party they don\u2019t even know and get accounts frozen,\u201d <\/strong>Korra stressed.<\/p>\n<p>Duel Casino\u2019s policy angered some users, who criticised the gambling platform for not issuing a temporary block on these funds while investigating the source of the funds involved in the claim.<\/p>\n<p>Even so, Korra doubled down on Duel Casino\u2019s position.<\/p>\n<p>\u201c<strong>We don\u2019t freeze your Duel balance because someone asked us to. We simply don\u2019t. I am sorry but that is how it is and we stand by that,\u201d<\/strong> Korra concluded.<\/p>\n<p>Former Delphi Digital CLO Gabriel Shapiro <a href=\"https:\/\/x.com\/lex_node\/status\/2083909105907879963?s=20\" target=\"_blank\" rel=\"noopener noreferrer\">supported Duel Casino\u2019s stance<\/a>: <strong>\u201cIt continues to be probably my only unpopular view but I still think this is pretty much the only sane policy a crypto-adjacent fintech app can have\u2026\u201d<\/strong> he assessed.<\/p>\n<p>As more wallets get drained and threat actors seek to cash out a portion of the over 1,300 BTC stolen, expect <a href=\"https:\/\/news.bitcoin.com\/security\/samson-mow-shares-5-urgent-steps-for-coldcard-users-facing-losses\/\">more users, companies, and institutions to face similar dilemmas.<\/a><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/security\/galaxy-digital-and-duel-casino-clash-over-230-eth-linked-to-coldcard-exploit\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Stolen bitcoin from the Coldcard exploit moved to Duel Casino, but the platform refused to freeze the funds. Duel Casino requires official law enforcement confirmation before blocking user balances. Galaxy Digital\u2019s Head of Research criticized Duel\u2019s inaction as complicit in the massive cyber theft. Coldcard Hack [&hellip;]<\/p>\n","protected":false},"author":15,"featured_media":76299,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76298"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76298"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76298\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76299"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}