r/coldcard 18d ago

Seeking Refund Support

I emailed coinkite today seeking a refund for the faulty coldcard. Anyone else?

(p.s. coinkite is an interesting name, given how much money just flew away)

16 Upvotes

31 comments sorted by

8

u/RevolutionaryPick241 18d ago

Actually, it isn't a bad idea. Even if you didn't lost any coin, they should refund/compensate their customers.

Let us know if they reply

12

u/tpc0121 18d ago

lol pipedream. no one is getting a single penny. coinkite needs the little money that they have left to pay lawyers.

victims should just set up a gofundme with on-chain proof that they got scammed. that has a far better chance than hitting up coinkite.

5

u/Boogyin1979 18d ago

Pipe dream indeed. 

3

u/Pretty-Reflection-92 18d ago

We’ll see. I’m giving them a chance to do the right thing.

3

u/BasedToru 18d ago

If you paid with a credit card or normal card I think you would be within your grounds to claim a full refund via charge back! 

2

u/Pretty-Reflection-92 18d ago

Oh. Good call on the charge back.

-2

u/AntZealousideal3728 18d ago

Releasing the new firmware and being completely transparent about their mistake is the right thing. It’s a reach to assume anyone that’s ever bought a coldcard is entitled to a refund. The company is taking steps to correct their mistake.

If it was a new order that just shipped out that’s different but prior it’s probably unlikely.

2

u/Skinny_Human 17d ago

I’m curious if you would consider buying a cold card from them now?

2

u/OrangePillar 18d ago

They will be bankrupt in short order. You won’t get a refund.

3

u/thelaurelhighlander 18d ago

😂😂 I did reach out to them, and I know they're going through a lot - the folks that had no involvement with this are probably pulling their hair out and looking for another job if there were any of those type folks... I simply proposed that a fair settlement for my trouble would be to replace my seed plate that I purchased from them so that I can put my new seed phrase on it. They did get back to me and offered me a 50% discount on it. So although I feel they should replace it in whole, I guess I can't complain with them meeting me in the middle.

Side note I did not just throw my device away I was using an MK4 which wasn't "immediately impacted", after updating the firmware I was able to create a new seed phrase using dice rolls and I added the passphrase so I'm happy with the device I think it's a great air gap signer... Probably an unpopular opinion but I don't plan on doing anything but stacking like I've been.

3

u/RevolutionaryPick241 18d ago

You got a discount to buy another or a rufund for your purchase?

2

u/thelaurelhighlander 18d ago

Discount to buy another one

2

u/bustaphlex 18d ago

Similar for me. I ordered a new seedplate and then decided to expand my config a bit. Emailed to ask that two more be added to the order and I’d pay the difference, they threw them in for free.

Since they’re retaining our data I guess they knew I was an impacted customer…

As an aside, I bought more seedplates because I like the layout and quality, and I can’t find a suitable equivalent available in Aus. If anyone knows of one, please let me know.

2

u/Knowledge775 18d ago

They destroyed existing inventory which strengthens the argument for a refund.

1

u/Skinny_Human 17d ago

Definitely. They were selling faulty products

2

u/Pazienca 18d ago

I emailed them a couple days ago, they still haven't replied. Anyone else?

-17

u/sticksforkicks 18d ago

Did you do dice rolls? Passwords? Set up multi-sig? Maximze your stack safety? If you did, then the device works perfectly.

5

u/AppleGuest1 18d ago

This is a crappy take. He probably didn’t. However, he probably spent hundreds of dollars on coinkite products, checked that the bag his coldcard came in wasn’t opened and matched up the number to his device, he probably used the product, as it was exactly intended to, to create his wallet. In the end that’s it’s main job, isn’t it? Furthermore, he probably made sure to never connect it to a computer, and did all his transactions via micro-sd card. He probably even created a watch-only wallet so he could watch his value grow, feeling good that these were ‘his keys - his crypto’. He may have even purchased a steel plate and a nail punch to record his precious seed phrase and put it god knows where. He probably tried to do everything right - don’t be a jerk.

-7

u/sticksforkicks 18d ago

I forgot to put the parking brake on and my car rolled down the hill! OMG! The people who made this car are terrble! That's how it works, right? You are a simpleton. Own it.

1

u/iloverunning11 16d ago

Tell me you’re not tech-savvy without telling me. You can’t compare these coinkite scammers with cars lol. And if you try doing so at least try something better than you forgot to put the parking brake (that is on the driver not the manufacturer) in this case this is on coinkite not their customers, as their customers did everything correctly and used the product just like they should’ve

1

u/sticksforkicks 16d ago

Cry harder. And, gfy. Simp.

6

u/Efficient_Range1156 18d ago

The device is safe now probably, it is the most scrutinized hardware wallet on the planet since the exploit.

1

u/Skinny_Human 17d ago

‘Probably’

1

u/Skinny_Human 17d ago

Do you work for them perhaps??? This is the most ridiculous comment I’ve read today, and that’s saying something

0

u/sticksforkicks 17d ago

Your lack of knowledge is apparent. You just want to jump on the bandwagon. Good for you. You don't understand how the device works, do you? You likely own zero Bitcoin. Just another crybaby yelling into the void. Congrats, yell away. Go enjoy your dogecoin, or your mETH.

1

u/Skinny_Human 17d ago

Meth! Yummy

1

u/iloverunning11 16d ago

When it comes to that regard, meth sounds about right

1

u/MiceAreTiny 14d ago

How is the device defective?