"Wrench attacks" have stolen over $30 million from crypto holders this year.
46 incidents globally through June, up from 40 in the same period last year. Attackers' success rate fell to 26% from 49% in 2025, but the overall number of attacks is rising.
Our read: physical risk to holders is increasing. France, for example, saw 77 kidnappings and extortions in H1 this year, up from 45 in all of 2025. This isn't weak wallets. This is data leaks and insider info leading to physical attacks.
Would you keep funds on a mid-tier exchange right now?
$BTC
46 incidents globally through June, up from 40 in the same period last year. Attackers' success rate fell to 26% from 49% in 2025, but the overall number of attacks is rising.
Our read: physical risk to holders is increasing. France, for example, saw 77 kidnappings and extortions in H1 this year, up from 45 in all of 2025. This isn't weak wallets. This is data leaks and insider info leading to physical attacks.
Would you keep funds on a mid-tier exchange right now?
$BTC