Bitcoin Users Face Rising Wrench Attacks as Crypto Wealth Attracts Violence
– Alena Vranova warns of rising “wrench attacks” where Bitcoin users face weekly kidnappings and violence to steal private keys.
– Bull markets correlate with increased physical threats, as crypto wealth visibility and data breaches (e.g., 80M user leaks) enable targeted crimes.
– Industry experts urge stronger privacy measures, noting paradoxical risks: decentralization empowers users but exposes them to real-world dangers when combined with weak security practices.
