11 August 2025
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Crypto Holders Experience Weekly Kidnappings Amid Rising Threats
Alena Vranova, founder of SatoshiLabs, reports that physical attacks against crypto holders occur at least once a week. Key points include:
- Victims include those with as little as $6,000 in crypto.
- Some cases involve sums around $50,000, leading to fatalities.
- “Wrench attacks” are driven by personal data leaks from centralized exchanges.
- Insurers and security firms are now offering kidnap-and-ransom protection for digital asset investors.
Personal safety is increasingly prioritized alongside crypto security.