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.