Coldcard users sue Coinkite founders over ignored 2025 security warning

Crypto Insight Summary: A Coldcard customer has launched a class-action lawsuit in Ontario against the hardware wallet maker Coinkite Inc. and its co-founders. The allegation is that the co-founders of Coinkite knew that there was a problem with its seed-generation system as early as May 2025 and did nothing about it. Why is Coldcard getting sued? Amir Reza... Crypto Insight Analysis: Direction: Bearish Coinkite Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Legal issues may damage reputation but hardware wallet market share is small.