The cryptocurrency industry witnessed a troubling rise in violent incidents in 2025, with 65 attacks reported, including four fatalities. This marks an increase in both the frequency and severity of attacks against cryptocurrency holders, particularly targeting the wealthy. Haseeb Qureshi, managing partner at Dragonfly, highlighted these findings in a recent data review, expressing growing concern over the trend.
The analysis, based on data from Jameson Lopp's "wrench attacks" database, categorized incidents into five levels of severity, ranging from minor thefts to fatal attacks. Western Europe and the Asia-Pacific region saw the most significant increases, while North America remained relatively safer. The rise in violence correlates with the growth of the cryptocurrency market's total capitalization, suggesting that higher prices may attract more criminal activity.
Despite the increase in incidents, the risk per individual user has not risen as sharply, attributed to the growing number of cryptocurrency holders. Qureshi advises those at high risk to adopt safety measures, such as living in secure areas, avoiding public displays of wealth, and diversifying asset storage to mitigate potential threats.
Cryptocurrency-Related Violence Surges in 2025 with 65 Attacks, 4 Fatalities
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