At 4:30 a.m. on August 7, in Asunción, Paraguay, police received a report saying there was a body downstairs at a high-end apartment building called Jade Park in the Trinidad District.

When the police arrived at the scene, the body was completely naked, with a black plastic bag covering it.

Soon, the victim’s identity was confirmed: Harry Chun Tak Yeh, whose Chinese name is Ye Junde, an old OG in the crypto community.

Ye Junde was born in Hong Kong, immigrated to Canada as a child, and went to Stanford for his master’s degree.

In 2013, when BTC was only $60, Ye Junde entered the market with $500.

In the same year, he started out with $2.5 million, founded Quantum Fintech Group, a company that handled crypto OTC trading and multiple hedge funds, and prior to the incident claimed he managed assets worth $2.4 billion.

Yejun De’s highlight moment in the coin world was the Fantom ecosystem. Fantom is a Layer-1 chain during the DeFi Summer of 2021, mainly running various DeFi applications (lending, exchanges, stablecoins, etc.). It’s a well-known technical genius Andre Cronje, the founder of YFI, who personally wrote the code.

In September 2021, the DeFi project Tomb Finance on Fantom fell into a crisis of trust after a vulnerability incident called "Gatekeeper". Yejun De took over the team, and within four months increased the TVL from $2.5 million to a peak of $1.6 billion.

Yejun De’s team also incubated the LIF3 ecosystem and the stablecoin L3USD.

In this case, Yejun De was harmed in Paraguay. The prosecutors said they are currently investigating three possibilities: accident, suicide, or homicide.

But the door to the 30th-floor apartment where the deceased lived was left open and everything had been ransacked, and the deceased fell to their death completely nude.

The deceased’s Brazilian girlfriend lives on the 27th floor of the same apartment building. She said she didn’t know anything.

On August 6, Chainalysis, an on-chain analytics company, just released a report: In the first half of 2026, the world has already confirmed 46 wrench attacks targeting crypto holders.

A wrench attack refers to forcing a victim to hand over wallet access, transfers, or private keys by violence or threats of violence. It’s named after an old saying in the security community: however strong the encryption algorithms are, it can’t stop a $5 wrench.

In just the first half of the year, these kinds of attacks stole more than $30 million. If the pace continues through the full year, it would exceed the historical record of $58 million in 2025.

If you include the transfers that were intercepted and the ransom amounts, the exposure so far this year is nearly $107 million.

And home invasion robberies and kidnappings are increasingly becoming the main types of wrench attacks. In particular, home invasion robberies account for 37% of all wrench attacks, setting a new high this year.

Globally, France has the highest number of kidnapping cases. In terms of home invasions and robberies, this year it has also quickly caught up to the number of cases reported in the U.S.

And criminals have also expanded from directly infringing on crypto holders to kidnapping their family members.

Apart from the Netherlands, most crypto big shots show off their wealth in the places where they live long-term, which is then what leads to them being targeted.

In recent years, the crypto industry has made a lot of progress in “asset security,” such as cold wallets, multisig, and hardware devices. It’s becoming less common that hacking techniques alone crack through defenses.

But “personal safety” is increasingly becoming the weak link.

There are many big shots in the crypto industry who trade on their own books, and they also show up in public at various industry events. I hope everyone can protect your own privacy information and not get targeted by criminals~