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Crypto Heists Are Getting Physical | Bitcoin and Crypto News

Crypto Heists Are Getting Physical | Bitcoin and Crypto News

Published 3 weeks, 3 days ago
Description

Crypto criminals are hitting new heights this year, snatching over $30 million through violent “wrench attacks” — kidnappings and home invasions tied to digital wallets — on pace to break last year’s record. With 46 global incidents already logged (up from 40), the threat is growing even as success rates dip — but the sheer volume of attempts and unreported cases suggest the real danger is far worse. Attackers often use leaked data or insider intel to plan meticulously, while low-skilled crews carry out the violence — turning crypto security into a physical safety issue. France leads the crisis, with 30 known attacks by midyear (vs. 19 last year), prompting government alerts and industry collaboration. Stolen funds move via exchanges and laundering networks, hinting at deeper criminal ties. Your wallet isn’t just digital — it’s now a target for real-world violence.

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