Galaxy Digital vs Duel Casino: Legal Battle Over 230 ETH from Coldcard Exploit

Alex Thorn, Head of Firmwide Research at Galaxy Digital, has publicly criticized Duel Casino for refusing to block nearly 230 ETH allegedly stolen from a victim of the Coldcard vulnerability. The escalating dispute between the crypto exchange and online casino highlights growing tensions in the digital asset ecosystem over security protocols and ethical responsibilities. Duel Casino maintains its position of freezing funds only with concrete evidence linking them to the hack, creating a complex legal standoff.
Duel Casino's stance raises critical questions about user protection and platform accountability in the rapidly evolving crypto landscape. As the Coldcard hack continues to spread across multiple exchanges and gaming platforms, the incident is forcing the entire industry to reevaluate security measures and compliance standards. This dispute underscores the challenges faced by crypto businesses in balancing security obligations with legal due process in an increasingly regulated environment.
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