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Multi Sig question

Etherum Reddit

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In a 2 of 3 multi sig set up, I understand you require 2 of the 3 keys to make a transaction.. But the Sats must be sitting at a single address on the Blockchain.

Let's say someone found the seed phrase that contains the Bitcoin can't they just setup a new wallet with that send phrase and remove the funds without the other signature?

submitted by /u/Potex8
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