Coindoo reports:
Physical attacks on cryptocurrency holders are rising sharply this year, with security experts warning that 2025 could become the most dangerous year yet for investors.
At the Baltic Honeybadger conference in Riga, SatoshiLabs founder Alena Vranova described a wave of “wrench attacks” — kidnappings, assaults, and extortion aimed at forcing victims to surrender their private keys.
These incidents are no longer limited to wealthy early adopters. Victims have been targeted for as little as $6,000 in crypto, and some attacks have turned deadly over sums under $50,000. Vranova said at least one such crime now occurs every week worldwide.
Read more at Coindoo.
As reported recently, the government issued an alert about a subset of the online cybercrime community known as “The Com” engaging in violence-as-a-service (Vaas). With more teens being willing to engage in physical violence and home addresses of crypto account holders and their amounts being leaked online by hackers, crypto owners are increasingly at risk of being attacked.
