Wrench attacks, involving physical violence to steal cryptocurrency, have increased by 169% in 2025, highlighting a growing security threat for crypto holders. According to data compiled by crypto security expert Jameson Lopp, over 260 cases have been reported since 2014, with incidents spanning from Paris to Thailand. Attackers, including organized gangs and opportunists, employ tactics such as impersonating delivery drivers and monitoring on-chain activity to identify targets.
In response to this rising threat, physical security has become a critical concern for cryptocurrency owners. Some are turning to insurance solutions, while wallet developers are incorporating features like silent alerts and data-wipe codes to enhance user protection against these violent attacks.
Wrench Attacks on Crypto Holders Surge 169% in 2025
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