Crypto investors lose over $16m as violent wrench attacks surge by 54% – DL News

The Roundup

  • Criminals are targeting crypto investors.
  • Wrench attacks have risen by 54% this year.
  • Analysts warn it will get worse.

A version of this article appeared in our The Roundup newsletter on October 3. Sign up here.

Hi! Eric here.

Physical attacks on crypto investors and their families have risen by a whooping 54% this year compared to last year.

Those attacks saw criminals steal over $16 million according to data from a crime tracker set up by Bitcoin developer Jameson Lopp and analysed by DL News.

This makes “2025 the highest year on record,” Ari Redbord, global head of policy at blockchain analytics firm TRM Labs, told DL News. TRM Labs tracked a similar amount of physical attacks.

Reports about these so-called wrench attacks…

Source link