Crypto-related “wrench attacks” on users and their families increased significantly in 2025, with 72 verified cases globally. CertiK reported $40.9 million in confirmed losses due to these attacks, which are becoming more common and violent. France had the most incidents, while Europe accounted for 40% of global attacks.

High-profile victims included Ledger founder David Balland and an Italian holder kidnapped in NYC. SatoshiLabs founder Alena Vranova noted weekly kidnappings of Bitcoin users. Solutions like “panic wallets” are proposed, but experts advise against openly discussing holdings to avoid becoming targets.

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Read more at Cointelegraph: Wrench Attacks Increased by 75% in 2025, Resulting in $41M Losses: CertiK