A software vulnerability affecting Coldcard bitcoin hardware wallets has reportedly allowed hackers to steal more than US$100 million in cryptocurrency from thousands of addresses.
Coldcard is produced by Toronto-based Coinkite and is designed to keep bitcoin wallet credentials offline. According
Investigation Counsel PC
Investigation Counsel PC is a law firm specializing in fraud and debt recovery litigation. The firm represents corporate, institutional, and individual victims of fraud, focusing on investment transactions, employer-related fraud, and business or personal relationship fraud. It provides services including fraud recovery assessments and class action litigation, often acting for Canadian consumers and investors. The firm combines legal expertise with investigative resources, including access to law enforcement and investigative networks, to enhance case assessment and asset recovery. Its publications primarily address fraud awareness, legal developments in fraud recovery, civil contempt related to fraud injunctions, and issues surrounding cryptocurrency fraud and tracing.
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RCMP Warns of Large-Scale Fraud Targeting Trucking Businesses Across Western Canada
Saskatchewan RCMP is warning trucking and transportation businesses about a large-scale fraud scheme involving purchases made with fraudulent credit cards.
Police began investigating the scheme in March after at least 12 Saskatchewan businesses were targeted. Fraudsters allegedly contacted fuel distributors,…
Three Charged in $500K Home Renovation Fraud Targeting Seniors Across Canada
Three men have been charged following a home renovation fraud investigation involving more than $500,000 in losses and victims across Canada.
Waterloo Regional Police arrested the suspects on July 8 after investigating a series of linked renovation scams targeting homeowners,…
RCMP Recovers Nearly 400 Vehicles Worth $28M Through Anti-Fraud Pilot Program
The RCMP says an anti-fraud pilot program targeting organized vehicle crime has helped recover 392 stolen vehicles worth an estimated $28 million.
Project NoCargo was launched in June 2025 to target transnational organized crime networks that allegedly use stolen or…
Canadian Hacker Pleads Guilty in Massive Snowflake Data Breach and Extortion Case
A 26-year-old Canadian man has pleaded guilty in the United States to four charges connected to the massive Snowflake data breach, which affected 165 organizations and resulted in millions of dollars in losses and extortion payments.
Connor Moucka of Kitchener,…
Toronto Police Seek Man in Alleged $800K Psychic and Fortune-Teller Fraud
Toronto police are searching for a 29-year-old man accused of carrying out an elaborate psychic and spiritual-healing scam that allegedly cost one victim more than $800,000.
Police allege Gangadhar Babu operated under the name “Babu” and presented himself as a…
Two York Region Residents Charged in Alleged Passport Website Scam
Two York Region residents are facing charges for allegedly operating websites that misled Canadians into believing they were dealing directly with the federal government for expedited passport services.
The Competition Bureau says John Jesse Breslin and Phoebe Hui Ting Wong…
Canadian Film Financier Charged in Alleged $100M U.S. Ponzi Scheme
Canadian film financier Jason Cloth has been charged in the United States with seven counts of wire fraud for allegedly defrauding investors of more than US$100 million through a scheme tied to film and entertainment investments.
The 60-year-old was indicted…
Hamilton Woman Gets House Arrest in $420K Ontario Dealership Fraud
A Hamilton woman has received a 16-month house-arrest sentence followed by eight months under curfew for her role in a $420,000 fraud involving four high-end vehicles purchased from Ontario dealerships using stolen identities.
The 34-year-old pleaded guilty to charges connected…
Indian Student in Canada Sentenced in US$3.7M Seniors Fraud Scheme
An Indian man who had been studying in Canada has been sentenced to four years in a U.S. prison for his role in a multimillion-dollar fraud scheme targeting elderly victims.
Roshan Shah, 22, pleaded guilty to conspiring to commit money…