Crypto Exec Warns About Rising Tide of Wrench Attacks
Alena Vranova, founder of SatoshiLabs, warned of the increase in wrench attacks, physical assaults and abductions carried out against Bitcoin (BTC) and crypto holders in an attempt to steal their private keys.
“Every week, there is a Bitcoiner, at least one in the world, who gets kidnapped, tortured, extorted, and sometimes even worse,” Vranova told the audience at the Baltic Honeybadger 2025 conference in Riga, Latvia.
She warned that even small crypto investors can be on the radar of violent criminals looking for a target. She added:
“What seems to be a problem only for Bitcoin OGs is not really the case. We have seen cases of kidnappings for as little as $6,000 worth of crypto, and we have seen people murdered for $50,000 in…
