Surge in “Wrench Attacks” Targets Crypto Holders
In 2025, around 60 violent attacks involving extortion of private keys were reported, exceeding last year’s numbers. Experts suggest the actual figure is significantly higher.
Source Incrypted
Victims include not only large crypto holders but also individuals with moderate savings. In response to these threats, traders are increasingly turning to security firms, removing personal data from the web, and strengthening physical protection.
Key security measures involve multisignature protocols, withdrawal delays, key splitting, and maintaining minimal public exposure.
